China’s monetary policies to stabilize, but yuan to rise following Fed decision to keep rate at near-zero level

China's monetary policies to stabilize, but yuan to rise following Fed decision to keep rate at near-zero level

Following the US Federal Reserve’s move to keep the interest rate unchanged at a near-zero level, the yuan might be pressured to appreciate further in the short term, while China’s monetary policies are likely to be stable, a financial expert told the Global Times.
Source: Global Times | 2020/9/17 11:59:22

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