Yuan will strengthen, rupee will face difficulties
Analysts at Barclays Research predict that the Chinese yuan will continue to strengthen against the US dollar in the short term. (more...)[...]
Read furtherTag: chinese yuan forecast
This label, Chinese Yuan forecast, displays old and new publications on this topic published on the Apostolidi blog
Chinese Yuan Forecasts from Goldman Sachs
American investment bank Goldman Sachs* has revised its forecasts for the Chinese yuan, predicting its strengthening against the US dollar in the coming months. (more...)[...]
Read furtherGoldman Sachs forecasts further decline in USD/CNY
Goldman Sachs* forecasts further depreciation in USD/CNY (US dollar to Chinese yuan) in the near future, citing growing optimism around renewed trade negotiations between the US and China, as well as...[...]
Read furtherGoldman Sachs: People's Bank of China will allow only a very gradual weakening of the yuan
“USDCNH held Below 7.40 yesterday And today's strength supports the view that the pBOC Will only Allow a very gradual weakening of the Yuan,” says Matt Atherton, director of sales...[...]
Read furtherING: Beijing loosens control over the yuan
ING said there was no sign of pressure on Chinese bond yields. (more...)[...]
Read furtherING: In 2025, the yuan will fluctuate in the range of 7.00–7.40
In 2025, the yuan exchange rate will fluctuate in the range of 7.00–7.40 against the dollar, writes ING. (more...)[...]
Read furtherChinese Yuan: The government helps state-owned banks – Commerzbank
Over the weekend, it was announced that the Chinese government plans to raise new capital for its largest state-owned banks. Four major banks (Bank of Communications, Bank of China, Postal Savings Bank of China and China Construction Bank)…[...]
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