KONTAN.CO.ID - SHANGHAI. Volatility in China's yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some extent, by Washington's decision to raise tariffs, a senior Chinese central bank official said. Zhu Jun, director-general of the People's Bank of China's international department, made the comments on Saturday to a forum held in the northern Chinese province of Heilongjiang. Baca Juga: China July exports surprise, rise 3.3%; imports fall 5.6%
Volatility in China's yuan due to escalating U.S. trade friction - PBOC official
KONTAN.CO.ID - SHANGHAI. Volatility in China's yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some extent, by Washington's decision to raise tariffs, a senior Chinese central bank official said. Zhu Jun, director-general of the People's Bank of China's international department, made the comments on Saturday to a forum held in the northern Chinese province of Heilongjiang. Baca Juga: China July exports surprise, rise 3.3%; imports fall 5.6%