Quotes from the news wire:
We need to understand whether (the Chinese central bank) wants to see a sharp depreciation or appreciation. I don't think either is a good solution for China at the moment, they have tools to maintain stability, first they have huge FX reserves, they can use the fixing rate to signal their policy preference to the market.
Found on Reuters 9 years ago
There is bleeding, but it won't hurt the system on the whole.
Found on Reuters 9 years ago
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