The report discusses the Chinese currency devaluation in August 2015, the People's Bank of China's (PBOC) interventions, and the implications for the renminbi and other emerging market currencies. It highlights the PBOC's efforts to stabilize the exchange rate after a 4.7% devaluation and the market's concerns about China's ability to support its currency. The report also forecasts a potential 5% depreciation of the renminbi in 2016 and discusses the impact on regional currencies.
documents/vol00010-efta01458260-pdf.pdf
{"title":"Special Report A made-in-China aisis?","key_people":["State Council"],"document_date":"2015-08-28","document_type":"tabular","key_locations":["China"],"key_organizations":["People's Bank of China","Deutsche Bank","Reuters"]}