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Wednesday, September 27, 2017

End of year yuan forecasts (somewhere in the 6.4 to 7.2 range!)

A snippet from Bloomberg - survey of market participants for where they expect the yuan to end the year - median of estimates is 6.64 (against the USD) - estimates range from 7.2 to 6.4 I don't see if that is CNY or CNH, but does it matter too much for such an inherently uncertain currency / timeframe?
End of year yuan forecasts (somewhere in the 6.4 to 7.2 range!)

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