Yuan Asia's Best Performer After Moody's Downgrade

Yuan Asia's Best Performer After Moody's Downgrade

Assessment

Interactive Video

Business

University

Hard

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The video discusses recent changes in the onshore yuan, highlighting a shift in the Chinese authorities' fixing mechanism. This shift aims to align the yuan more closely with a basket of currencies, countering its previous depreciation trend. The video explores the implications of this change, including potential impacts on yuan bears and the broader market. It also considers the political context, such as meetings between President Xi Jinping and President Trump, and upcoming economic events like China's potential inclusion in the MSCI index.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What political context is mentioned that could influence the yuan's value during the review period?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of a strong yuan for China's inclusion in the MSCI index?

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