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

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

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Interactive Video

Business

University

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the SDR basket reform play in the current economic setup?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Chinese FX reserves in relation to its liabilities?

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