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— KittyPooh (@KittyPo80176717) April 29, 2022
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— KittyPooh (@KittyPo80176717) April 29, 2022
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China's Yuan May Continue to Weaken: JPMorgan Private Bank https://t.co/ZXgRCwCz3w
— Matevoux (@matevoux) April 29, 2022
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This is a significant move that bears watching. 10 year China bonds no longer have a yield advantage over treasuries. Plus domestic growth looks weak. Going to pressure capital flows. A lower yuan reduces inflation for us but makes it harder for manufacturers to compete w/ China https://t.co/NNgcGDI8fi
— Scott Ruesterholz (@Read_N_Learn) April 29, 2022
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We wrote about why people tend to panic when China's yuan weakens rapidly against the dollar. Even if it's strong vs most other major currencies. With @taniaychen https://t.co/UJ1LF31PA0
— Sofia Horta e Costa (@SofiaHCBBG) April 29, 2022
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China’s yuan slips to 17-month low against US dollar as economic pressures mount https://t.co/qmK2Rn2Eh9
— South China Morning Post (@SCMPNews) April 28, 2022
https://t.co/S7xrbzHDAP https://t.co/TsI5OMytQi pic.twitter.com/HeVZfb5anS
— KittyPooh (@KittyPo80176717) April 29, 2022
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— KittyPooh (@KittyPo80176717) April 29, 2022
https://t.co/ggpflIxHWg https://t.co/190Qkhzaz3 pic.twitter.com/X0Vw0HY3gY
— KittyPooh (@KittyPo80176717) April 29, 2022
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— KittyPooh (@KittyPo80176717) April 29, 2022
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After #China purchased oil from #Russia in yuan, Chinese state media are claiming the international status of the dollar is “at risk.”
— The Epoch Times – China Insider (@EpochTimesChina) April 28, 2022
However, financial expert Albert Song believes this will not affect the dollar’s status. https://t.co/NOwitFDfAl
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