China Steps Up Yuan Surveys as Selloff Worsens

The video discusses the current state of currency trading, focusing on the Chinese yuan hitting a fresh low due to dollar strength and concerns about the Chinese economy. The Federal Reserve's potential interest rate hikes contribute to this scenario. Regulators are responding by increasing the frequency of surveys to understand the impact on exporters, importers, and banks, reflecting their growing discomfort with the yuan's trajectory.

What is the significance of the increased frequency of surveys being used by officials and regulators?

In what ways might the Chinese authorities be becoming uncomfortable with the yuan's trajectory?