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Wall Street sees no end to yuan losses despite Beijing pushback | George Lei & Carter Johnson / Bloomberg

While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency to fall. After the offshore yuan weakened last week past 7.30 per dollar, just a stone’s throw from last year’s all-time low, the People’s Bank of China pushed back, with verbal warnings,…
Uju Wang City Of United Kingdom Hong Kong Meera Chandan Tania Chen

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