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RMB Offshore Soars nearly 2,200 Basis Points, Hits New High in Nearly Four Months Why has the RMB recently surged against the USD? Will it continue to appreciate strongly?
RMB exchange rate is stable and normal, concerns about A-shares are misplaced. I’m not worried about the exchange rate, but I am a little worried about the A-share market. The exchange rate trend is normal, but the A-share market trend is abnormal.
Nov 23, 2023
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