Goldman Says Yuan 20% Undervalued, Boosts Currency Forecasts

🇨🇳 Bloomberg (CN) —

AI Summary

Goldman Sachs has evaluated the Chinese yuan as being over 20% undervalued against the US dollar, prompting expectations of a strengthening currency in the near future. This analysis reflects broader market sentiments surrounding currency valuation.

The Chinese yuan is more than 20% undervalued against the US dollar, according to Goldman Sachs Group Inc., which expects the currency to keep strengthening over the coming year.

Markets yuan Goldman Sachs currency valuation market analysis

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