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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


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