Yuan to Slide to 7.50 Per Dollar Longer-Term: Credit Agricole's Marinov

The video discusses the potential future trends of the Dollar-Yuan exchange rate, highlighting the possibility of it reaching 7.30 in the short term and 7.50 in the long term. It examines the People's Bank of China's (PBOC) fixing policy and its implications, especially in the context of the US-China trade war. The video also considers financial stability concerns, referencing past events like the 2015-2016 yuan depreciation. It concludes with an analysis of the current economic setup, including the yuan's status as a reserve currency and the role of Chinese FX reserves.

What is the short-term prediction for the Dollar-Yuan exchange rate?

• 7.10

• 7.70

• 7.30

• 7.50

Why might the PBOC allow the Yuan to depreciate slightly?

• To increase exports

• To reduce inflation

• To counteract trade war impacts

• To attract foreign investment

What past event is referenced as a concern for further Yuan depreciation?

• The 2008 financial crisis

• The 2015-2016 sharp Yuan depreciation

• The 2010 Eurozone crisis

• The 2020 COVID-19 pandemic

What reform in 2016 is mentioned in relation to the Yuan?

• SDR basket reform

• Interest rate reform

• Trade policy reform

• Tax reform

What is the current status of the Yuan in terms of global reserves?

• It is held as a reserve currency by central banks

• It is not held as a reserve currency

• It is the primary reserve currency

• It is only held by Chinese banks