Yuan Rally Seen Facing Summer Test Early as Record Payouts Loom
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record...
By Charlie Zhu, Ran Li, Jacob Gu · Bloomberg Markets
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record dividend payout in June.