Home Goldman Sachs remains bearish on Yuan

Goldman Sachs remains bearish on Yuan

Published date: 29 Aug. 2018 | 06:38

The Chinese yuan (CNY) has appreciated by 2 percent in the last 13 days, however, the economists at Goldman Sachs believe the recovery will likely be short-lived and the USD/CNY will reach 6.90 in the next three months and 7.10 in the next six months.

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