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Advanced | 专家:虽然人民币兑美元汇率跌至6.9,但人民币并不脆弱 | Experts: China's currency is not vulnerable despite falling to 6.9 against US dollar | Mandarin Chinese Story

Author
maayot
Published
Sat 10 Sep 2022
Episode Link
https://www.maayot.com

The yuan has been trading at 6.9 to the dollar since March this year. This has led many netizens to worry about the ability of China's financial system to cope with a potential financial crisis. But in fact, China's exchange rate against the dollar has always fluctuated. This fluctuation has stabilized between 6.2 and 7 in recent years.
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