po Once Upon a Farm Sees Growth with SOMIC's 424 W3 Wraparound Case Packing System By www.packagingstrategies.com Published On :: Wed, 18 Sep 2024 12:49:07 -0400 Prior to purchasing the pair of SOMIC case packing systems, Once Upon a Farm’s co-packers used manual labor to handle the products. Full Article
po Tip of the Iceberg: A Preview of the Learning Opportunities at PACK EXPO By www.packagingstrategies.com Published On :: Thu, 24 Oct 2024 00:00:00 -0400 Packaging Strategies’ recent reporting on PACK EXPO International 2024 – though extensive – represents a mere fraction of the networking and expertise sharing that will take place at the event. Full Article
po Ball releases report touting Eyeris printing technology for aluminum packaging By www.packagingstrategies.com Published On :: Wed, 27 Sep 2023 00:00:00 -0400 Eyeris® comes in nine vivid colors and adapts to various sizes and shapes of aluminum cans and impact extruded bottles, making it versatile for beverage, household and personal care products. Full Article
po Industrial Physics report suggests more talk than action on innovative packaging By www.packagingstrategies.com Published On :: Thu, 02 May 2024 00:00:00 -0400 In a period where budgets are extremely tight and layoffs are being made, many companies find it difficult to justify assigning resources to innovation. Full Article
po PODCAST | The Versatility of BOPP in Beer Packaging By www.packagingstrategies.com Published On :: Wed, 21 Aug 2024 00:00:00 -0400 In this interview, Stout Collective’s Matt Tanaka explains the inspiration behind the BOPP Beer and Design Conference, now in its third year. Full Article
po Cambio Roasters Releases Aluminum Coffee Pods By www.packagingstrategies.com Published On :: Wed, 25 Sep 2024 12:20:47 -0400 The aluminum coffee pod addresses the environmental crisis caused by the 40 million plastic coffee pods that end up in landfills and oceans every day, offering a more eco-friendly and high-quality alternative. Full Article
po Tetra Pak Highlights Food & Beverage Packaging Innovations at PACK EXPO By www.packagingstrategies.com Published On :: Mon, 21 Oct 2024 00:00:02 -0400 Company will have a team of experts on-site to showcase innovative equipment additions such as the Tetra Pak A1 1100 Filling Machine and the new Tetra Pak Direct UHT (Ultra-High Temperature) unit. Full Article
po Compostable Bags Solution Ends Search for Fresh Produce Growers By www.packagingstrategies.com Published On :: Sun, 08 Aug 2021 09:46:15 -0400 Full Article
po Round Table Participants Stress Important Role of Packaging for Fresh Food By www.packagingstrategies.com Published On :: Mon, 12 Feb 2024 00:00:00 -0500 Representatives of leading European fruit and vegetable supply chain organizations, gathered by Pro Food at the Fruit Logistica trade fair in Berlin, reiterated the need for a non-ideological, data-driven approach. Full Article
po Kroger Expands Our Brands Portfolio with Field & Vine™ Fresh Produce Line By www.packagingstrategies.com Published On :: Mon, 05 Aug 2024 12:06:23 -0400 The brand currently includes blueberries, blackberries, raspberries and strawberries. Full Article
po Fox Solutions Appoints Ben Bliven as Senior Manufacturing and Operations Manager By www.packagingstrategies.com Published On :: Mon, 26 Aug 2024 09:34:04 -0400 With over 15 years of experience in the manufacturing and operations sector, Ben brings a wealth of expertise to the new role. Full Article
po SABIC, Lamb Weston and OPACKGROUP Develop Biobased Packaging for Frozen Potatoes By www.packagingstrategies.com Published On :: Thu, 17 Oct 2024 11:24:27 -0400 The new Lamb Weston retail packaging has an overall renewable feedstock content of at least 60%, which is certified from the polymers to the film. Full Article
po PMMI Report: Labor Shortages, E-Commerce Growth Are Driving Warehouse Automation By www.packagingstrategies.com Published On :: Thu, 07 Dec 2023 00:00:00 -0500 CPG companies are turning to warehouse automation solutions such as palletizers and mobile robots, according to the PMMI report. Full Article
po Automated Equipment Holding expands portfolio with acquisition of Rethceif Packaging By www.packagingstrategies.com Published On :: Sat, 20 Jan 2024 00:00:00 -0500 Rethceif is a manufacturer of automated form-fill-seal packaging and robotic palletizing equipment. Full Article
po Pacteon Group to Present End-of-Line Solutions at PACK EXPO East By www.packagingstrategies.com Published On :: Wed, 28 Feb 2024 00:00:00 -0500 Company’s solutions for palletizing and stretch wrapping will be on display at the trade show, which will take place March 18-20 in Philadelphia. Full Article
po PMMI Report: Brand Owners Rely on Contract Packaging, Contract Manufacturing By www.packagingstrategies.com Published On :: Mon, 07 Oct 2024 00:00:00 -0400 Hiring a CP/CM provider allows brand owners to access machinery/packaging formats not available in-house, test new packaging, offer customized packaging, and more. Full Article
po ORBIS Introduces 60×48 Industrial Pallet for EV, Powertrain Applications By www.packagingstrategies.com Published On :: Wed, 13 Nov 2024 00:00:00 -0500 Manufactured through a process of Structural Foam Injection, the pallet boasts exceptional durability and reliability, making it an optimal choice for use within the industrial and automotive sectors. Full Article
po Metered Servo Merge Conveyor Helps to Transport Packaged Food By www.packagingstrategies.com Published On :: Wed, 22 Jul 2020 00:00:00 -0400 The metering conveyor, by Multi-Conveyor, feeds a series of servo belt conveyors to gap two lanes of product into a single lane flow using DARB technology. Full Article
po PACK EXPO Connects Preview Week Is Happening Now By www.packagingstrategies.com Published On :: Fri, 30 Oct 2020 00:00:00 -0400 The Preview Week event, Nov. 2-6, will kick-off with a webinar, Helpful Hints for Navigating PACK EXPO Connects, on Nov. 2, at 10 a.m. CT. It will provide tips and tricks for using the platform and offer Q&A with attendees to help them make the most out of their PACK EXPO Connects experience. Full Article
po Dorner and Garvey Showcase the AquaGard GT Conveyor at PACK EXPO Las Vegas By www.packagingstrategies.com Published On :: Thu, 14 Dec 2023 00:00:00 -0500 Dorner and Garvey, both Columbus McKinnon brands, recently showcased the AquaGard GT Conveyor at PACK EXPO Las Vegas. Full Article
po Multi-Conveyor Helps Start-Up Distillery Transport Products Using Several Technologies By www.packagingstrategies.com Published On :: Tue, 05 Mar 2024 13:59:31 -0500 A variety of conveyor technologies were implemented to smoothly transport beverage cans between different processing machines in the line. Full Article
po Ammeraal Beltech to Showcase Belting Solutions at PACK EXPO 2024 By www.packagingstrategies.com Published On :: Thu, 10 Oct 2024 12:41:48 -0400 Ammeraal Beltech is designing belts to meet the demands of smarter, faster, and highly precise operations. Full Article
po PODCAST | Conveyor Belting Needs in the Face of Industry 5.0 By www.packagingstrategies.com Published On :: Thu, 17 Oct 2024 00:00:00 -0400 In this interview, Niels van den Boogert and Bobby Bauman of AMMEGA discuss CPG firms’ evolving conveyor needs as warehouses and distribution centers become increasingly automated. Full Article
po Dynamic Conveyor to Showcase DynaClean S Series at PACK EXPO By www.packagingstrategies.com Published On :: Tue, 29 Oct 2024 12:35:36 -0400 Visitors to Dynamic Conveyor’s booth will be able to see the S Series in action during the event, taking place at McCormick Place in Chicago, IL. Full Article
po NestFresh Seeks to Become a Bright Spot this Spring with Seasonal Packaging By www.packagingstrategies.com Published On :: Thu, 18 Feb 2021 15:27:25 -0500 The egg brand is using the redesign to celebrate spring and attract more customers. Full Article
po Form/Fill/Seal Equipment Manufacturers Responding to New Demands in Sustainability By www.packagingstrategies.com Published On :: Mon, 05 Jun 2023 00:00:00 -0400 Packaging Strategies recently spoke to three heavyweights in the area of form/fill/seal equipment, TNA Solutions, Viking Masek Packaging Technologies, and Formost Fuji Corp., regarding their responses to a variety of new demands including sustainability and new food trends. Full Article
po Meat, Poultry, Seafood Packaging: Doing More with Less By www.packagingstrategies.com Published On :: Thu, 03 Aug 2023 00:00:00 -0400 Packaging Strategies has reported extensively on the move toward eco-friendly packaging in multiple markets — from snacks to fresh produce to foodservice. A similar shift is underway in the packaging of meat, poultry and seafood. Full Article
po SEE Launches Compostable Protein Packaging Tray at IPPE 2024 By www.packagingstrategies.com Published On :: Tue, 30 Jan 2024 00:00:00 -0500 Sustainable retail packaging solution replaces expanded polystyrene on processor production lines. Full Article
po TekniPlex Earns BPI Certification for Compostable Foam Protein Trays By www.packagingstrategies.com Published On :: Tue, 06 Aug 2024 13:38:02 -0400 Part of the company’s GeoPack range of sustainability-minded products, the protein tray has been officially designated as biodegradable in industrial compost settings. Full Article
po Wipotec to Debut Checkweigher, X-Ray Scanner at PACK EXPO By www.packagingstrategies.com Published On :: Tue, 18 Jul 2023 00:00:00 -0400 Checkweigher is specifically designed for aerosol containers while scanner is specifically designed for leak detection in glass bottles and jars used in food & beverage applications. Full Article
po Loma Systems to Showcase Inspection Systems at PACK EXPO Las Vegas By www.packagingstrategies.com Published On :: Tue, 01 Aug 2023 12:12:46 -0400 The LOMA® team will engage with customers and provide insights into its diverse range of industry-leading metal detection, X-ray inspection, and checkweighing solutions. Full Article
po Mettler-Toledo to Present Improved Inspection Systems at PACK EXPO Las Vegas By www.packagingstrategies.com Published On :: Wed, 23 Aug 2023 11:39:50 -0400 Two new x-ray inspection systems – the X12 and the X32 – as well as the latest ProdX software will be on exhibit for the first time. Full Article
po PODCAST | Factory Floor Space & Smart Sensor Technology By www.packagingstrategies.com Published On :: Wed, 08 May 2024 00:00:00 -0400 Michael Kundinger of Kundinger Inc. elaborates on several of the technologies that the company showcased at its booth at the recent Converters Expo. Full Article
po ProSpection Solutions to Debut X-Ray Technology at PACK EXPO 2024 By www.packagingstrategies.com Published On :: Mon, 09 Sep 2024 10:56:07 -0400 The SXM2 Series X-Ray Inspection Systems are equipped with high-precision dual energy sensors and ARTIFICIAL INTELLIGENCE which allow processing of two overlapping images in one inspection. Full Article
po Prospection Solutions to Debut Dual-Energy X-Ray Inspection System at PACK EXPO By www.packagingstrategies.com Published On :: Thu, 24 Oct 2024 10:57:28 -0400 X-ray inspection systems are pivotal to modern quality control, utilizing advanced generators and sensors to automatically detect foreign objects in food, pharmaceuticals, cosmetics, and industrial products. Full Article
po PODCAST | Meeting Coding Demands with Soft-Pigmented CIJ Inks By www.packagingstrategies.com Published On :: Mon, 04 Mar 2024 00:00:00 -0500 In this interview, Videojet’s Sherry Washburn discusses how recent improvements to soft-pigmented inks are facilitating coding and contrast printing for packaging. Full Article
po Opportunities for Cannabis retailers to increase ROI by investing in packaging By www.packagingstrategies.com Published On :: Mon, 15 Apr 2024 00:00:00 -0400 With April 20 approaching, we look at how cannabis producers can partner with local printers to create high-quality packaging that adheres to local laws and regulations while also establishing brand identity and increasing brand recognition. Full Article
po PODCAST | Sustainability and the Growing Role of Paper Barrier Solutions By www.packagingstrategies.com Published On :: Fri, 03 May 2024 00:00:00 -0400 Chris Marshall of BOBST – a leading supplier of substrate processing, printing and converting equipment and services for the label, flexible packaging, folding carton and corrugated board industries – talks about how the regulatory environment is coaxing some firms away from plastic and toward paper. Full Article
po Colbert Packaging Corporation Announces Enhanced Printing Capabilities By www.packagingstrategies.com Published On :: Wed, 10 Jul 2024 14:36:01 -0400 Working with RM Machinery, Colbert purchased an RMGT 1060TP-LX 10-CC-LD+UV. The unique configuration of the press allows for multiple colors, coatings and cold foil enhancement inline. Full Article
po Giave, Novaflex to Showcase New Flexo Printing Technology at Labelexpo Americas By www.packagingstrategies.com Published On :: Wed, 24 Jul 2024 00:00:00 -0400 New Mid-Web flexo press without solvents for flexible packaging is suitable for indirect food contact, cosmetics, pharmaceuticals, shrink sleeve and in-mold labels, and can also be configured for folding cartons and paperboard. Full Article
po Sun Chemical to Showcase Transformative Sustainable Solutions at PACK EXPO By www.packagingstrategies.com Published On :: Thu, 17 Oct 2024 00:00:41 -0400 Company will highlight its complete portfolio of sustainable solutions for the packaging and narrow web, tag and label markets. Full Article
po PODCAST | Trends in Inks and Coatings for Sustainable Paper Packaging By www.packagingstrategies.com Published On :: Thu, 07 Nov 2024 00:00:00 -0500 While paper packaging in many ways is more naturally eco-friendly than plastic packaging, Sun Chemical is busy developing inks and coatings solutions to ensure that true recyclability is achieved as the ‘paperization’ trend gains steam. Full Article
po Members of the Virginia State Corporation Commission By www.encyclopediavirginia.org Published On :: Wed, 13 Jan 2021 11:26:11 EST The Virginia State Corporation Commission was created by the Constitution of 1902. Its responsibilities include issuing charters of incorporation, policing financial industries such as banking and insurance, regulating rates that common carriers charge for freight and passengers, and enforcing the laws that govern rates charged by such public utilities as electric and telephone companies. Because the commission promulgates regulations, operates regulatory agencies, and hears appeals on some kinds of administrative matters, it exercises legislative, executive, and judicial functions and has sometimes been referred to as the fourth branch of state government. The commission consists of three members who serve six-year terms, one term expiring every second year. The governor appointed members from to 1903 to 1919; voters elected members from 1919 to 1928; and the General Assembly named members after 1928. If a vacancy occurs when the assembly is not in session, the governor appoints a new member. The first commissioners took office on March 1, 1903.Wed, 13 Jan 2021 11:26:11 EST Full Article
po From Campus to Career: The Critical Importance of Experiential Learning in Workforce Preparation By destinationsinternational.org Published On :: Tue, 24 Sep 2024 16:52:48 +0000 From Campus to Career: The Critical Importance of Experiential Learning in Workforce Preparation jhammond@desti… Tue, 09/24/2024 - 16:52 Image Off From the lens of a student, workforce development in tourism relies on mentorship, internships, and real-world experiences. Engaging students early through meaningful industry connections prepares them to contribute actively, building confidence and shaping the future of the travel and tourism workforce. Payten Slack 4 min read September 24, 2024 Industry Events Spark Career Vision for Students Attending Destinations International’s Annual Convention for the first time in Tampa, Florida earlier this summer was both exciting and, to be honest, a bit intimidating. As a student stepping into a room filled with industry leaders and professionals, I couldn’t help but feel a sense of awe, and nerves. These were individuals who had already solidified their careers, shaping the future of destinations and tourism, while I was just beginning to imagine where my path might lead. Despite the initial butterflies, the more I interacted with these professionals, the more I realized they weren’t just leaders in the industry - they were also mentors and advocates for the next generation. They were eager to share insights, listen to fresh perspectives, and offer advice. Days after the convention ended, I found myself reflecting on those conversations, replaying sessions in my mind, and seeing my future more clearly than ever. As the days passed, I felt a bittersweet sense of closure because while the convention was over, I had a newfound excitement for what was to come. I kept thinking about my potential career, revisiting the ideas and discussions I’d experienced. These interactions shifted my mindset - I no longer felt like just a student. Watching the next class of 30 under 30, I could imagine myself on that stage one day, contributing to the industry. This realization boosted my confidence and solidified my commitment to pursuing a meaningful role in tourism. Experience Enables Students to Shape and Commit to the Industry's Future My experience at the Annual Convention was just one chapter in my broader journey with Destinations International. As a Professional Development intern, I’ve been involved in developing certificate programs, attending meetings with industry leaders, and contributing to event planning and content creation. These hands-on experiences have connected my course work to the real world, making my learning more authentic and relevant. As I partake in this work, I am gaining confidence, not just in my current role, but also in how my skills align with the future of the industry. As more students like me combine work with academic study, we begin to understand how our contributions can drive industry trends, innovations, and solutions. This balanced approach of connecting practical experience with academics produces well-rounded professionals who are ready to enter the field and also to shape its future. The travel and tourism industry thrives on adaptability and fresh ideas. Engaging students early ensures the next generation is prepared to embrace changes and push the industry forward. Internships and immersive learning are essential in developing professionals who are confident in their ability to lead in a rapidly evolving industry. A Student’s Insights on Building the Next-Generation Workforce From my perspective, building the future workforce is more than just filling roles - it’s about creating opportunities that allow students to fully involve themselves in the industry. DMOs and other industry leaders should focus on establishing personal connections through internships, shadowing, and professional development programs. These experiences create a sense of belonging and purpose, showing students how our work is actually valued. Workforce development isn’t just a marketing campaign - it’s about creating genuine, lasting relationships that inspire growth and passion. Mentorship is a crucial element in building a successful workforce. Passing on knowledge is important, but sharing enthusiasm for the industry is just as impactful. When mentors invest in students, they don’t just develop our skills - they also create a sense of pride and purpose in our work. Simple engagements, like inviting students to industry events or allowing them to shadow professionals, can make a significant impact. These moments of inclusion provide insight into the industry and help us build connections with professionals who can guide and inspire us. All in all, creating an environment where students feel valued and invested in is key to shaping the workforce of the future. Both students and industry professionals must be committed to this process. When students feel respected as contributors, we become more confident and motivated to shape our paths within the industry. The more engaged we are, the more we envision ourselves as future leaders, driving the travel and tourism landscape for years to come. As we work toward building the next generation of tourism professionals, I encourage destination leaders to consider how they can actively support their growth. One impactful way is by sponsoring local students to take part in Destinations International’s upcoming Business Intelligence Certificate program. With courses in Sales, Services, and Marketing and Communications, this program will provide emerging professionals with key skills in business events, such as decision-making, risk mitigation, and strategic planning. By investing in future leaders now with opportunities in professional development, such as the Business Intelligence Certificate, you’re ensuring they have the necessary tools to contribute to this growing and thriving industry. About the Author Payten Slack Professional Development Intern Destinations International Payten Slack is a first-generation college student from Orlando, Florida, and a junior at NYU’s School of Professional Studies, majoring in Hospitality, Travel, and Tourism Management with a concentration in Travel and Tourism Development. She is an active member of her school’s community and puts an emphasis on ensuring students are being well-represented on a university-wide level. Payten has gained hands-on experience through her role as a Professional Development intern at Destinations International and is committed to merging academic knowledge with real-world applications to better prepare the future workforce. chevron_right More from this Author Submit Your Thought Leadership Share your thought leadership with the Destinations International team! Learn how to submit a case study, blog or other piece of content to DI. Submit to DI Workforce Development Show Header? On Full Article
About the Author Payten Slack Professional Development Intern Destinations International Payten Slack is a first-generation college student from Orlando, Florida, and a junior at NYU’s School of Professional Studies, majoring in Hospitality, Travel, and Tourism Management with a concentration in Travel and Tourism Development. She is an active member of her school’s community and puts an emphasis on ensuring students are being well-represented on a university-wide level. Payten has gained hands-on experience through her role as a Professional Development intern at Destinations International and is committed to merging academic knowledge with real-world applications to better prepare the future workforce. chevron_right More from this Author
po ECB's Rehn: The direction of our policy moves is clear By www.forexlive.com Published On :: Tue, 12 Nov 2024 08:31:00 GMT The pace of the moves depends on the dataWe are data dependent but not data point dependentGrowth outlook has deteriorated due to manufacturing sectorIf disinflation stays on track, it would make a case for further rate cutsWe could be leaving restrictive territory in the spring of 2025The last thing we need now is yet another trade warTariffs impact will be medium-to-long termProtectionism by definition is inflationaryThe remarks are as you would expect from the ECB at this current stage. But they are already starting to recognise the potential impact of Trump tariffs and that's a warning signal to the outlook for next year I guess. This article was written by Justin Low at www.forexlive.com. Full Article Central Banks
po Fed's Waller: Makes no comments on economy or monetary policy outlook By www.forexlive.com Published On :: Tue, 12 Nov 2024 15:00:49 GMT Fed's Waller is speaking but makes no comment on monetary or economic policy in his prepared remarks.He does say: private sector best suited to innovate on payment systemsFed ready to support private innovation, mindful of financial stability.Government should have clear objective when providing financial services.There are times when government can address market inefficienciesStill does not see case for Fed digital dollarPerhaps he will comment on monetary policy/the economy in a Q&A later.Looking ahead at 10:15 AM ET, Richmond and President Barkin is speaking (he speaks at 5:30 PM ET as well). 2 PM, Minneapolis Fed Pres. Kashkari speaking and at 5 PM Philadelphia Fed Pres. Harker is scheduled to speak This article was written by Greg Michalowski at www.forexlive.com. Full Article Central Banks
po Fed's Barkin: Fed in position to respond appropriately regardless of how economy evolves By www.forexlive.com Published On :: Tue, 12 Nov 2024 15:17:16 GMT Richmond Fed Pres. parking is speaking and says:Fed is in position to respond appropriately regardless of how economy involves.US economy looks pretty goodLabor market is resilient.From here, labor market mighty be fine or may continue to weaken.Inflation might be coming under control or might risk getting stuck above Fed 2% target.Feds focus may turn to upside inflation risks or to downside employment risks, depending on how economy develops.The market is pricing a 65% chance of a 25 basis point cut in December. That is down over the last week or so (it was in the high 70%s last week).US yields are higher but off their highest levels:2-year 4.314%, +6.1 basis points5-year 4.269%, +7.6 basis points10-year 4.370%, +6.3 basis points30 year 4.516%, +3.7 basis points This article was written by Greg Michalowski at www.forexlive.com. Full Article Central Banks
po NY Fed Perli says there's been more friction in money mkts lately, repo rate rise orderly By www.forexlive.com Published On :: Tue, 12 Nov 2024 21:34:24 GMT The New York Federal Reserve branch's Roberto Perli is manager of the Fed’s System Open Market Account (SOMA).Recent quarter-end money market volatility not historically large.Still strong evidence reserve levels remain abundant.No imminent signs of issues for Fed to implement monetary policy.Recent quarter-end pressure was contained.Slow rise in repo rates has been orderly.Standing repo facility stands ready to provide liquidity.Notes there’s been more friction in money markets lately.---The Federal Reserve’s System Open Market Account (SOMA) is the central portfolio used by the Federal Reserve to conduct monetary policy. It holds the securities that the Fed buys and sells through open market operations, primarily U.S. Treasury securities, agency debt, and mortgage-backed securities. SOMA is a key tool for influencing short-term interest rates and managing the money supply. By adjusting the size and composition of this portfolio, the Fed can influence liquidity, credit conditions, and the overall stance of monetary policy in the economy.In addition to domestic assets, SOMA also holds foreign currency assets, allowing the Fed to participate in foreign exchange markets when necessary. The New York Federal Reserve Bank manages SOMA on behalf of the entire Federal Reserve System. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
po PBOC sets USD/ CNY mid-point today at 7.1991 (vs. estimate at 7.2305) By www.forexlive.com Published On :: Wed, 13 Nov 2024 01:15:21 GMT The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.Previous reference rate was 7.2355.The setting at 7.1991, about 300-odd points lower than the modelled estimate is indicative of the PBoC pushing back against yuan weakness. AUD/USD has popped a little on the setting of a stronger than expected yuan. PBOC injects 233bn yuan via 7-day RR, sets rate at 1.5% 17bn yuan mature today net injection is 216bn yuan/*/* This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks
po PBoC promised stronger damping to support CNY, and that's what are seeing By www.forexlive.com Published On :: Wed, 13 Nov 2024 01:29:29 GMT Justin had the news from the People's Bank of China here on Monday:PBOC governor will maintain yuan exchange rate at a reasonable, balanced levelThe PBOC governor Pan Gongsheng emphasized that the Bank will not let the yuan plummet without a fight:Will step up countercyclical adjustmentShould resolutely guard against the risk of exchange rate overshootToday is an example of the Bank pushing back on yuan weakness, with the reference rate set 300+ points stronger for the CNY than was expected (in the Reuters model). Offshore yuan has jumped (lower USD/CNH as shown in the chart below): This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Central Banks