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Jeffrey Tan Quotes
«When interest rates rise, the rate gap with the U.S. will narrow and that will provide pressure for the yuan to strengthen. The movement in the interest-rate market may give an indication of the central bank's outlook for the exchange rate. To the Chinese government, yuan appreciation has become acceptable.»
Author: Jeffrey Tan
«Interest rates have an indirect effect on exchange rates.»
Author: Jeffrey Tan
«When interest rates rise, the rate gap with the US will narrow and that will provide pressure for the yuan to strengthen.»
Author: Jeffrey Tan