Yuan on a Downward Spiral: Will State Bank Intervention Save the Day? A Comical Take on the Latest Central Bank Shenanigans
China’s ‘Yuan Stability’ Comments: What’s Really Going On? The Weekend Reports Over the weekend we had reports of familiar ‘yuan stability’ comments out of the People’s Bank of China. Yi Gang’s Statement “China has the conditions to maintain a normal monetary policy and keep the yuan stable for as long as possible in a period…