China Warns Yuan Speculators They Will Lose Money in Long Term

China Warns Yuan Speculators They Will Lose Money in Long Term

On September 29, 2022, the Youtube channel of Bloomberg Markets and Finance released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

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Here is the last video of the youtube channel Bloomberg Markets and Finance. It's called China Warns Yuan Speculators They Will Lose Money in Long Term and as you can imagine, it's already of great interest to Internet users. You can find it right here.

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For your information, you can find below the description of the video China Warns Yuan Speculators They Will Lose Money in Long Term published by the Youtube channel Bloomberg Markets and Finance:

China's central bank said "do not bet on one-way appreciation or depreciation of the yuan, as losses will definitely be incurred in the long term" in a statement released Wednesday. The onshore yuan has fallen more than 4% against the dollar this month and is on track for the worst annual loss since 1994. Enda Curran reports on Bloomberg Television.