The yuan has consistently been falling, made clear by this candlestick chart that shows most days closing near the low (in terms of RMB, it appears high because this chart is USD/CNY) for the day.
Below the chart is the renminbi prices at various banks. The second and fourth boxes from top to bottom are the bid and offer at various large banks.
CBA: RBA to cut rates in November
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By Gareth Aird, head of Australian economics at CBA: Key Points: The
Australian Q1 24 CPI came in stronger than we forecast. As a result we
shift our cen...
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