Where will the PBOC draw the line when it comes to the yuan weakening? - ConsultFX

Where will the PBOC draw the line when it comes to the yuan weakening?

Onshore yuan posts its weakest daily close against the dollar since Nov 2017 I don't think there's a need to beat around the bush anymore. The PBOC the yuan. Or at least it allowing the yuan to depreciate/devalue. Whether or not in response to the trade war, it doesn't really matter. The