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Chinese yuan to hit 6.70 per U.S. dollar in 12-month forecast: Goldman Sachs

July 14, 2020

While China's domestic economy is making a "pretty good" rebound from the coronavirus shock, there remains some headwinds for the Chinese yuan given ongoing tensions with the United States ahead of the November presidential elections, says Zach Pandl of Goldman Sachs.

Source: https://www.cnbc.com/video/2020/07/14/yuan-heads-for-6point70-to-us-dollar-in-12-month-forecast-goldman-sachs.html
 
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