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Banks slash yuan forecasts as China’s economy reels from Covid-19

April 28, 2022 7:24 AM

BEIJING (BLOOMBERG) – The yuan’s sudden slide looks set to gather pace over the next few months as markets price in a worsening outcome for the Covid-19-stricken economy.

Source : https://www.straitstimes.com/business/economy/banks-slash-yuan-forecasts-as-chinas-economy-reels-from-covid-19

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