US Dollar To Fall Significantly Against Chinese Yuan Amid Trade Negotiations, According to Goldman Sachs: Report
2025-05-14
Analysts at the financial giant Goldman Sachs reportedly think the onshore Chinese yuan (CNY) will rise against the dollar over the next 12 months. One US dollar is currently worth 7.2 CNY (USD/CNY), but Goldman forecasts that number will fall to 7.0 yuan per dollar over the next year, Bloomberg reports. A falling USD/CNY chart […]
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