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Goldman Says Yuan 20% Undervalued, Boosts Currency Forecasts

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.

JG
Jacob Gu
Newsroom · hace 33 días
2 min read
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.

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