Yan Wang
speaker
275 appearances
1 recordings
1 series
first heard Sep 2024
last heard Sep 2024
Yan Wang’s voice in public audio — every appearance, attributed to the second.
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Appearances
Because the economy is in such a bad shape.
confidence so weak so that is actually creating double pressure on the currency to fall.
So I don't think the fluctuation of the currency value itself matters for the RB status as a reserve currency.
So we look at the other reserve currencies like the dollar, like the euro, they all have massive swings in the past, you know, right?
You know, who knows how many centuries, decades.
So
It the f the performance of the currency shouldn't matter.
The investors will have other ways to to manage their portfolio.
It's just
why the whole thing is, you know, by repeated policy mistakes.
So it's th they're they they they are not suppor they shouldn't worry about that, but unfortunately
do.
Thank you.
Thank you, Harry
Great.
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