Yuan May Appreciate to 6.65 by End of 2019, Standard Chartered Says

Yuan May Appreciate to 6.65 by End of 2019, Standard Chartered Says

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Business

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The transcript discusses a recent speech by China's presidency, focusing on the country's strength and limited reform discussions. It highlights expectations from an economic policy meeting, noting a lack of new initiatives but a focus on broad policy directions. The potential appreciation of the Chinese yuan is analyzed, considering a possible trade truce with the US. The impact of capital outflow and market sentiment on the yuan is also examined, with a focus on China's ability to manage its currency.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the anticipated economic targets and policies that might be discussed in the meeting?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing the Chinese yuan's potential appreciation or depreciation?

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