RMB Weakening Fluctuations: Is There Still Pressure to Cut Interest Rates?

Reported 11 months ago

The RMB is experiencing fluctuations, and there is a looming question about whether there is still pressure to cut interest rates. If China implements quantitative easing measures, it could lead to short-term pressure in the foreign exchange market, with 1 USD to 7.25 RMB being a critical observation range.

Source: YAHOO

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