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Chinese yuan could appreciate towards 7 in the medium term: BNP Paribas | |
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May 26, 2020 Prashant Bhayani, Chief Investment Officer of BNP Paribas Wealth Management believes there are fundamentals supporting a "moderate appreciation" for the Chinese currency in the near term. He also thinks downside for the yuan is limited, unless the U.S.-China trade deal collapses. Source: https://www.cnbc.com/video/2020/05/26/chinese-yuan-could-appreciate-toward-7-in-the-medium-term-bnp-paribas.html |
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