Logo 28 Sep 2022

Time to throw in the kitchen sink?

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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Beijing is pulling out all the stops to slow the yuan’s decline against the dollar.
On Tuesday, Reuters cited an unnamed source saying China’s monetary authorities have asked banks to incorporate a “counter-cyclical factor” in their USD/CNY central parity rate calculations.
Some context: Each mornin...