| Market commentators said the Chinese currency’s recent stability may have ended and the yuan may weaken. China’s currency — traded onshore — was stable in March and April at about 6.5 to the US dollar.
That stability was likely due to intervention from Chinese officials, Singapore-based Heng Koon How, a senior investment strategist at the private bank Asia Pacific, Credit Suisse, said. All hidden risks have the potential to derail the recent stability in the yuan and drive it lower, he said...............................................Full Article: Source
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