World News Insights
1-3 Minute Gist

All Topics Article

Confused by China’s Yuan? It’s Intentional

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
Experts close to the central bank, PBOC, say it plans to limit depreciation to a modest amount, and to let the currency oscillate. Central bank policy is to make it expensive for traders to try to make gains on the yuan. The central bank plans to intervene the other way to make it harder for traders to make gains.

The People's Bank of China policy on the currency yuan in 2016

01/15/2016

Experts close to the central bank say the policy of the PBOC is to make it expensive for speculators to try to make gains on China's yuan currency. PBOC policy according to them is to allow for a modest depreciation and let the currency oscillate. When speculators hope to make gains the central bank intervenes to go the other way. The PBOC hope to limit outflows of capital, a problem in 2015, in this way.

Grouped Articles

Confused by China’s Yuan? It’s Intentional

Wall Street Journal 01/15/2016

China’s Jittery Savers Could Pose Capital-Flight Threat

Wall Street Journal 01/15/2016

Currency War: U.S. Hedge Funds Mount New Attacks on China’s Yuan

Wall Street Journal 02/01/2016

China Stanches Flow of Money Out of the Country, Data Suggests

New York Times 04/07/2016

China's central bank, the People's Bank of China (PBOC) and policies in 2011-2015

10/21/2010

The leadership and priorities of Zhou Xiaochuan, who has headed the PBOC, central bank of China, since 2002. He was appointed to a new third five year term in 2013.

Grouped Articles

China’s Economic Problems Unlike Those Elsewhere

New York Times 05/28/2013

China's 'Shadow Banks' Fan Debt-Bubble Fears

Wall Street Journal 06/24/2013

China's Silver Linings Playbook

Wall Street Journal 06/24/2013

China's Credit Crunch

Wall Street Journal 06/25/2013

China Central Bank Warns Banks on Liquidity

Wall Street Journal 06/25/2013

Credit Warnings Offer World a Peek Into China’s Secretive Banks

New York Times 06/24/2013

The People's Bank of China, China's central bank, and policies to widen the trading range for the yuan in 2014

02/27/2014

Efforts to lower the value of the yuan and widen the trading range in Feb. 2014 by the PBOC.

Grouped Articles

China Intervenes to Lower Yuan

Wall Street Journal 02/27/2014

In China, Shaking Up Currency’s Strength

New York Times 03/16/2014

Falling Yuan Curbs Cash Entering China

Wall Street Journal 03/20/2014

Crossing China's Big Red Currency Line

Wall Street Journal 03/21/2014

Deutsche Bank Economist to Join China's Central Bank

New York Times 04/09/2014

China Takes a Smoother Path to Currency Devaluation

Wall Street Journal 11/25/2015

China's policy of gradually weakening the yuan in 2015-2016 and the risks in capital outflows, decline of the currency

01/10/2016

Grouped Articles

Why China Shifted Its Strategy for the Yuan, and How It Backfired

Wall Street Journal 01/10/2016

Chinese Official: Bets Against Yuan Are ‘Ridiculous and Impossible’

Wall Street Journal 01/12/2016

Confused by China’s Yuan? It’s Intentional

Wall Street Journal 01/15/2016

China’s Jittery Savers Could Pose Capital-Flight Threat

Wall Street Journal 01/15/2016

The yuan and the markets

Economist 01/19/2016

Currency War: U.S. Hedge Funds Mount New Attacks on China’s Yuan

Wall Street Journal 02/01/2016


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us