China’s Market News: Why Yuan Costs Elevate when USD/CNH Rises?

The Yuan lost more than -0.6% against the U.S. Dollar both onshore and offshore over the last two weeks of October; however, the onshore Yuan’s borrowing cost remained in an upward trend over the same span of time.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/11/03/Chinas-Market-News-Why-Yuan-Costs-Elevate-when-USDCNH-Rises.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news