China Signals Yuan Strength
Khoon Goh, Head of Asia Research, ANZ Bank Singapore
00:05 - The 0.2 percent rise in the Yuan is the PBOC ‘s way of saying nope, the currency would not break 7.00 as many traders fear. But it also reflects the degree of policy options that the Chinese government has in dealing with trade tantrums.
For more insights, we spoke to Khoon Goh, Head of Asia Research at ANZ Bank Singapore.
04:50 - Meanwhile Citi is launching a co-branded credit cards with Grab in their effort to push for more customers. Listen in for more information.
Presented by: Lyn Mak, Julian Ng, Shou Ning Wong