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Standard Chartered WM: USDCNH to stabilise

As USDCNH traded in the 6.80-6.90 band throughout September, Standard Chartered Wealth Management expects USDCNH to further stabilise going forward, especially after Chinese Premier Li Keqiang’s “supportive” comments. “The pair showed little impact from the latest escalation in the trade spat between the US and China, partly due to supportive comments from Premier Li, who said that China would not…

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