A trade surplus of 1.08 trillion dollars has been announced.
According to classical economic theory, this data should strengthen the Yuan. But in practice, things work differently - central banks usually intervene and exert control over the exchange rate.
We will all watch together how aggressive these interventions will be in the upcoming period.
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DuckFluff
· 12-13 17:55
1.08 trillion yuan trade surplus, is the central bank about to intervene to stabilize the exchange rate again? Surface data and reality will never align.
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GasFeeVictim
· 12-13 13:39
1.08 trillion in trade surplus, and it's the same old story? The central bank is definitely going to step in. Theoretically, that's the theory; in reality, they just want to keep the exchange rate under control.
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AmateurDAOWatcher
· 12-13 09:15
$10.8 trillion trade surplus, is the central bank about to intervene to suppress the exchange rate again?
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UncleLiquidation
· 12-11 15:02
The central bank's tricks are really taken to the next level. The data looks good, but there's a lack of authenticity.
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GasFeeCryer
· 12-11 04:58
The central bank is about to take action again. Can they hold the exchange rate this time? It feels like the market simply can't guess their true intentions.
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SybilSlayer
· 12-11 04:55
The central bank's move this time is truly textbook-level "I call the shots," the theory has collapsed and reality has won haha
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UnluckyMiner
· 12-11 04:55
The central bank is about to take action again; this wave might be unstoppable.
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PuzzledScholar
· 12-11 04:53
The central bank's move is truly brilliant; theory and reality are always two different things. With a trade surplus of 1.08 trillion, according to economics textbooks, the currency should appreciate, but with one move, they have pegged it down completely. Just watch, the upcoming interventions will be even more aggressive.
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DaoDeveloper
· 12-11 04:51
yeah so the trade surplus number is massive but like... the real game here is what the central bank does next, right? textbook econ vs actual intervention is basically the story of modern fx markets. would be curious to see the on-chain implications if they lean into aggressive policy.
A trade surplus of 1.08 trillion dollars has been announced.
According to classical economic theory, this data should strengthen the Yuan. But in practice, things work differently - central banks usually intervene and exert control over the exchange rate.
We will all watch together how aggressive these interventions will be in the upcoming period.