This chart is updated through Friday, more clearly showing how, if the trend continues, the PBOC will have to decide whether it will follow the market lower or force the renminbi higher and risk secondary losses (such as U.S. dollar outflows).
Easter Eggs (1 of 21): Hot Air
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FEEDPreface to all 21 parts: This is a special holiday weekend, because not
only does it contain Good Friday and Easter, but it also begins the Slope
of Ho...
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