China state council researcher says that there is no change in yuan policy

Further comments regarding the Chinese yuan

CNY
  • China has been making the yuan more flexible

There has been a handful of comments on the yuan as the NPC begins today. The main takeaway of the commentary so far is that China is pledging to continue to keep the yuan reasonably stable and that they are not engaging in any form of manipulation of sorts, as they continue to try and take the currency agenda off the table in discussions with the US.

Earlier comments from Asian trading:

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