{"id":216150,"date":"2023-12-20T15:14:55","date_gmt":"2023-12-20T09:44:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=216150"},"modified":"2023-12-20T15:14:55","modified_gmt":"2023-12-20T09:44:55","slug":"yuan-will-remain-under-pressure-commerzbank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/yuan-will-remain-under-pressure-commerzbank-crypto-news\/","title":{"rendered":"Yuan will remain under pressure \u2013 Commerzbank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The Yuan has weakened against the Dollar by over 3% year to date. Economists at Commerzbank analyze USD\/CNY outlook.<\/p>\n<h2 class=\"fxs_headline_medium\">China-US interest rate differentials will persist in the near term<\/h2>\n<blockquote>\n<p>While the Yuan strengthened in recent weeks towards 7.10 amid a generally weaker Dollar, it will remain under pressure.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>China-US interest rate differentials will persist in the near term, albeit narrower, while China\u2019s economy is still in search of a more stable footing. The PBoC will likely continue to use the daily fixing to guide the Yuan and prevent one-sided weakening.<\/p>\n<\/blockquote><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Yuan has weakened against the Dollar by over 3% year to date. Economists at Commerzbank analyze USD\/CNY outlook. China-US interest rate differentials will persist in the near term While the Yuan strengthened in recent weeks towards 7.10 amid a generally weaker Dollar, it will remain under pressure.\u00a0 China-US interest rate differentials will persist [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,297,246,257,255,684,250,252,450,247,253,249,449,256,254],"class_list":["post-216150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-pboc","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdcny","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/216150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=216150"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/216150\/revisions"}],"predecessor-version":[{"id":216151,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/216150\/revisions\/216151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/12512"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=216150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=216150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=216150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}