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Studio interview: What does 9% depreciation of RMB reflect?

CCTV.com

08-11-2016 16:20 BJT

We are joined by Professor Liu Chunsheng, from Central University of Finance and Economics.

Q1. The RMB has depreciated around 9 percent during the past year... what does that reflect?

Q2. The depreciation spooked global financial markets at first... but the RMB has been relatively stable. Have investors adjusted?

Q3. Is 6.7 a comfortable point for the PBOC?

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