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PBOC Said to Conduct Survey on Weak USD, RMB Exchange Rate, Other Issues with Financial Institutions
The People's Bank of China (PBOC) last week inquired several financial institutions about their views on the recent weak USD and USD depreciation, as well as their outlook on t...
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PBOC Said to Conduct Survey on Weak USD, RMB Exchange Rate, Other Issues with Financial Institutions
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The People's Bank of China (PBOC) last week inquired several financial institutions about their views on the recent weak USD and USD depreciation, as well as their outlook on the future RMB exchange rate, ahead of the expiration of the US tariff suspension on major trade partners tomorrow (9th), Reuters quoted two sources as saying.

The PBOC did not specify the purpose of this survey, but it signals regulatory concerns over USD depreciation and RMB appreciation, the report quoted sources as adding.

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