Analysts’ predictions for how China’s currency might do against the dollar in 2019 have ranged widely. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

China’s currency is heading for a volatile year – and that may be a good thing

  • David Brown says Beijing has a choice: blow its foreign exchange reserves on stabilising the renminbi or let it reach equilibrium on its own. The latter would be the better choice in the long term

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Analysts’ predictions for how China’s currency might do against the dollar in 2019 have ranged widely. Photo: Reuters
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