What factors are contributing to the downward pressure on the Dollar RMB?
Yuan Seen at 6.80 Per Dollar by Year End: HSBC's Chew
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The video discusses the rise of Dollar RMB due to disappointing China growth data and explores factors like US-China yield differentials and capital outflows affecting the currency. It forecasts RMB's future, considering policy support and potential stimulus, and highlights the importance of domestic and external economic factors.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the US-China yield differential affect the Dollar RMB?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What role does policy support play in the future of the RMB?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What external factors could influence the Dollar RMB in the near future?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the potential outcomes for the RMB by the end of the year?
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