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Page 6 - Southbound Bond Connect News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Yuan Is Set to Weaken From Here, With or Without PBOC

(Bloomberg) The yuan has had a fine run but the tide may be turning, even if the People’s Bank of China doesn’t stand in the way.The currency could find it harder to climb from here as seasonal dividend payments from Hong Kong-listed Chinese firms are set to swell. The yuan is also likely to come under pressure as the dollar gets a boost from growing chatter about a reduction in Federal Reserve stimulus.The debate on the yuan’s outlook has focused on the PBOC’s role after the authorities rais

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