Why did the Chinese government start buying back US$100 billion of its yuan a month in 2015?

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Why did the Chinese government start buying back US$100 billion of its yuan a month in 2015? What effect did this have on the value of the yuan?

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Global Business Today

ISBN: 978-1259686696

10th edition

Authors: Charles W. L. Hill Dr, G. Tomas M. Hult

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Question Posted: Oct 26, 2017 03:17 AM

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Why did the Chinese government start buying back US$100 billion of its yuan a month in 2015?

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In 2015 the value of the yuan began to fall despite the Chinese gover...View the full answer

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