Yuan Under Pressure as U.S., China Rates Set to Diverge Further

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China’s central bank looks set to cut a benchmark interest rate this week, a move that will put more pressure on its currency as the U.S. Federal Reserve prepares to stand pat

China’s central bank looks set to cut a benchmark interest rate this week, a move that will put more pressure on its currency as the U.S. Federal Reserve prepares to stand pat.Continue reading your article with.

China’s central bank looks set to cut a benchmark interest rate this week, a move that will put more pressure on its currency as the U.S. Federal Reserve prepares to stand pat.Continue reading your article with

Source: Loan Digest (loandigest.net)

 

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