Analysts have predicted that the yuan should continue to strengthen this year against the US dollar. Photo: EPA-EFE Analysts have predicted that the yuan should continue to strengthen this year against the US dollar. Photo: EPA-EFE
Analysts have predicted that the yuan should continue to strengthen this year against the US dollar. Photo: EPA-EFE
Yuan

China’s yuan rally fuels central bank debate on using currency appreciation to fight commodity price surge

  • Stronger yuan exchange rate against US dollar would make commodity imports cheaper, but also make Chinese exporters less price competitive
  • Analysts predict the yuan will gradually appreciate in coming months, given expected US dollar weakness and support from Communist Party’s 100th anniversary

Topic |   Yuan
Analysts have predicted that the yuan should continue to strengthen this year against the US dollar. Photo: EPA-EFE Analysts have predicted that the yuan should continue to strengthen this year against the US dollar. Photo: EPA-EFE
Analysts have predicted that the yuan should continue to strengthen this year against the US dollar. Photo: EPA-EFE
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