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China press on the yuan - has potential for long term appreciation

China press on the yuan - has potential for long term appreciation

Central Banks
Eamonn Sheridan
11/12/2017 | 23:03 GMT

Via Bloomberg , a commentary item on the CNY in Economic Information Daily

  • Yuan to be basically stable in 2018
  • May range 6.4 to 6.8 against the USD in 2018
  • Has potential for appreciation in the long term
  • GDP growth of more than 6.4% in coming years
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