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5th Dec 2024 19:27China+Daily Monitor

  • Recent USDCNY weakness is largely a reflection of broad dollar strength…
  • …But also falling Chinese government-bond yields, after an effective deposit-rate cut.
  • November’s Caixin services PMI points to resilient activity but deflation pressure.

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Keywords for: 6 December 2024 China+ Monitor China's currency weakens after effective deposit-rate cut

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