PBOC Survey Reveals Dollar's 11% Crash Could Send Yuan Soaring - Here's What Traders Are Doing
Key Points
- The dollar has seen its worst first half since 1973, droppin...
The dollar just posted its worst first half since 1973, dropping 11% while China's yuan casually gained 1.3% since April. Now the People's Bank of China is conducting surveys about what happens when your currency becomes the unexpected winner in a race nobody wanted to enter.
When Your Nemesis Trips and You're Still Standing
The PBOC's latest survey isn't just academic curiosity - it's strategic reconnaissance. Chinese authorities are essentially asking "what happens if the yuan accidentally becomes too attractive?" while watching the dollar stumble through its worst performance in half ...
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