Daily Market Updates: Chinese Yuan: Constructive appreciation bias maintained

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Chinese Yuan: Constructive appreciation bias maintained – OCBC

Reported · Written up by our desk · Major Pairs

OCBC strategists Sim Moh Siong and Christopher Wong describe a measured but persistent appreciation trend in the Renminbi (RMB), with onshore spot and the CFETS index at four-year highs and the People's Bank of China (PBoC) guiding a stronger fixing.

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FXStreetChinese Yuan: Constructive appreciation bias maintained – OCBC

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Chinese Yuan: Constructive appreciation bias maintained – OCBC

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