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How Does China's Macro Predicament Affects Our Calls: FX Moment

FICC Focus

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The Latest Developments Out of China

The offshore an forty near one point eight % against the es dollar quarter to day. And it has under performed all the ancient currencies. Both of these developments could hurt consumption and even trade activities going forward. The current o is very similar to what happened earlier this year. Some may saye that the real estate dodrums and cope the copret an, rightly so. But do not forget that the lockdi itself could also exaggerate the situation,. Just because it could forbid the workers from travelling and to foll o with the construction projects.

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