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Goldman Sachs says PBOC has beaten the yuan bears, now have room to cut rates

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 18, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Goldman Sachs' economist Song Yu says the People’s Bank of China has halted yuan depreciation pressures and now have room to cut rates. says the PBOC's efforts to support the yuan included:

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