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Aggregated China Business Blogs
UBS Keeps 6.8 RMB Exchange Rate Forecast But Warns Risks
Aggregated Source: China Money Network
rmb8888949949As China's capital outflows stabilizes, UBS AG says it will maintain its current USD/CNY forecast of 6.8 by year end, but sees increasing risk that the CNY may not depreciate by as much against the U.S. dollar and may end the year at 6.6 to 6.7. Capital outflow and depreciation pressures have let up visibly […]

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