What was the market's reaction to the PBOC's currency fixing?
China Still Has a lot of Tools in the Toolkit, Says Jefferies’s Bechtel

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The market was indifferent.
The market showed a slight decline.
The market reacted with a significant jump.
The market remained stable.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the gap between the onshore and offshore yuan?
It shows a strong yuan.
It suggests potential for further depreciation.
It indicates a stable currency.
It reflects a balanced trade.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might China respond to being labeled a currency manipulator?
By increasing tariffs.
By ignoring the label.
By fixing the yuan lower.
By fixing the yuan higher.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What tools does China have to manage its economy?
Only monetary tools.
No tools available.
Only fiscal tools.
Both fiscal and monetary tools.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could be a consequence of further yuan devaluation?
Increased capital flight.
Stronger international relations.
Higher economic growth.
Stable market conditions.
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