Yuan rise halted as China relaxes capital controls

Sdard Chartered in Hong Kong, told “It can be argued that the recent yuan appreciation was too fast. -

- rules.

- that year.

The yuan, also known as the about the health of the world’s capital outflows seeking better returns abroad and a sharp rise in the dollar.

- than eight years.

further and depreciate against the

one-way depreciation or appreciation, with the target of inducing