Jimmy Zhu LIVE on CGTN 27 August 2018

Posted by Fullerton Markets on Aug 28, 2018 10:00:48 AM

How will the Chinese Yuan perform now that PBOC resumed using the counter-cynical factor?

On August 24, the People's Bank of China (PBOC) resumed using a counter-cyclical factor in its Yuan midpoint-fixing mechanism, given that the value of the Renminbi has been declining for months now  due to a stronger dollar and a volatile global trading climate. 

Find out what our Chief Strategist, Jimmy Zhu, has to say about the Renminbi's movements with his LIVE interview on CGTN.

CGTN Aug 27