The People's Bank of China revalued the onshore yuan today, sending it to its highest for the week at the setting
Which raises the question if the devaluation trend for the yuan is over, or just having a rest?
I suspect it is just having a rest but I will have to caveat that with an acknowledgment that my contacts within the Chinese governing politburo are not what they perhaps should be, K?
CNH has lost some ground:
ps. About the headline … this is the parrot sketch in case somehow you have managed to miss it:
