PBOC Doesn't Want Continued Quick Yuan Depreciation, Says Credit Agricole

What is the PBOC's primary concern regarding its currency?

• Rapid appreciation

• Continued quick depreciation

• Increased foreign investment

• Stable exchange rate

Why does the PBOC aim to defend the currency level at seven?

• To stabilize inflation

• To increase export competitiveness

• To prevent capital outflows

• To encourage foreign investment

What could happen if the PBOC allows large foreign exchange flows to continue?

• A one-way currency bet

• Decreased market volatility

• Higher interest rates

• Increased currency stability

What is the potential impact of speculators joining the currency trend?

• A clear trend reversal

• Decreased currency value

• Higher currency appreciation

• Increased market stability

What is the expected outcome of the regulatory changes introduced by the PBOC?

• Increased market volatility

• Stabilization of the market

• Higher inflation rates

• Rapid currency appreciation