The undervalued euro could get back above 8 yuan this year. Photo: Reuters The undervalued euro could get back above 8 yuan this year. Photo: Reuters
The undervalued euro could get back above 8 yuan this year. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

Why China’s currency reserve managers must pay attention to the euro in 2020

  • The euro could be a major winner in the currency markets this year, as world trade and the German economy get back on track
  • If the euro rallies against the dollar, there are important implications for China’s currency reserve management

The undervalued euro could get back above 8 yuan this year. Photo: Reuters The undervalued euro could get back above 8 yuan this year. Photo: Reuters
The undervalued euro could get back above 8 yuan this year. Photo: Reuters
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