US President Donald J. Trump (R) shakes hands with vice-premier of China Liu He (L) after being presented a letter from President of China Xi Jinping during their meeting on trade negotiations in the Oval Office of the White House in Washington, DC on 11 October 2019. Photo: EPA-EFE

Partial trade deal between the US and China fails to give the yuan the lift-off, Goldman Sachs says

  • The yuan may weaken to 7.20 per US dollar within three and six months, before recovering to 7.10 in 12 months, Goldman says
Topic |   Currencies

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US President Donald J. Trump (R) shakes hands with vice-premier of China Liu He (L) after being presented a letter from President of China Xi Jinping during their meeting on trade negotiations in the Oval Office of the White House in Washington, DC on 11 October 2019. Photo: EPA-EFE
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