China’s monetary policy makers are comfortable with the yuan’s rise for the time being, Reuters reported on Friday, citing sources involved in the domestic policy discussion.
Some political advisers believe that the yuan could strengthen to 6.4 per dollar in 2021 (currently USD / CNH is at 6.51), reported Reuters and He added that officials may worry if the yuan rises rapidly and hurts Chinese exporters..
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
