— Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023
Does anyone remember August 2015 – Yuan deval?
Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at the same time.
So why not just let the currency do the heavy lifting? pic.twitter.com/fAcHUIQMhH
— Mac10 (@SuburbanDrone) August 15, 2023
20% real devaluation of #CNY is warranted and 'someone' is pushing it lower! @AndreasSteno @acrossthespread https://t.co/WCGqJVZhL0
— CrossBorder Capital (@crossbordercap) August 15, 2023
#Yuan is under attack… Capital Wars are being fought and this will end with a 20% devaluation of CNY real exchange rate…. rollercoaster ride for US bonds! https://t.co/J13HDL6q8c
— CrossBorder Capital (@crossbordercap) August 15, 2023