Yuan Could Breach 7 Per Dollar After G-20 Meeting: Natwest Markets

The video discusses the potential breach of the yuan's exchange rate level seven, influenced by the G20 meeting outcomes. It highlights the PBOC's stance on exchange rate flexibility and the strong dollar demand from Chinese corporates. The US prefers a stronger yuan to offset tariff impacts, while China may allow more flexibility post-G20, as indicated by PBOC Governor Igang's comments.

In what ways might the US and China have differing views on the yuan's strength?

What implications does the current rhetoric from Chinese policymakers have on future currency flexibility?