Renminbi heading towards new price barriers
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Asia

Renminbi heading towards new price barriers

renminbi counting 230px

There has been plenty of market attention this week on the movement of the onshore renminbi with China resuming normal service following the end of the Golden Week holidays. While the CNY did break through the psychological Rmb6.7 barrier against the US dollar, more volatility is expected thanks to a strengthening greenback.

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