End of year yuan forecasts (somewhere in the 6.4 to 7.2 range!)
A snippet from Bloomberg – survey of market participants for where they expect the yuan to end the year
– median of estimates is 6.64 (against the USD)
– estimates range from 7.2 to 6.4
I don’t see if that is CNY or CNH, but does it matter too much for such an inherently uncertain currency / timeframe?