China Central Banker Says No Specific Yuan Level Important

“There is obviously a link between the trade war and the movements of renminbi,” Yi said in an exclusive interview in Beijing, using the official term for China’s currency. Yi said that yuan’s depreciation has come thanks to market forces — it is “basically determined by supply and demand of the market
— Read on ca.finance.yahoo.com/news/china-central-banker-says-no-014923075.html