Home Page : Archive News : May 2020 News : The yuan could weaken to 7.40 against the dollar as China-U.S. tensions linger, warns strategist

The yuan could weaken to 7.40 against the dollar as China-U.S. tensions linger, warns strategist

May 28, 2020

The Chinese yuan could weaken to as low as 7.40 against the dollar as tensions between Beijing and Washington show little sign of abating soon, according to Bannockburn Global Forex's Marc Chandler.

Source: https://www.cnbc.com/2020/05/28/the-chinese-yuan-could-weaken-to-7point40-per-dollar-amid-us-china-tensions.html
 
Related Updates