What was the speculated level at which the PBOC might intervene to defend the currency?
Offshore Yuan Nears Record Low

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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.2
7.0
6.7
6.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does the PBOC need a weaker currency according to the video?
To increase foreign investments
To strengthen the dollar
To stimulate exports and the economy
To reduce inflation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of allowing too much free market influence on the currency?
Increased inflation
Excessive currency pessimism
Higher interest rates
Decreased foreign reserves
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical event is mentioned in relation to the currency peg?
The Asian Financial Crisis
The Global Financial Crisis
The Dot-com Bubble
The Eurozone Crisis
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the median estimate for the onshore currency by the year-end according to Bloomberg?
6.75
6.5
7.0
6.9
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