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China's yuan is projected to weaken to record lows as U.S. tariff threats escalate, with major investment banks forecasting an average of 7.51 per dollar by the end of 2025. The yuan's depreciation poses challenges for Chinese authorities, who aim to stabilize the currency while reviving the economy. The People's Bank of China is expected to implement measures to prevent excessive declines, balancing currency control with economic growth.
Cedric Chehab
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
us tariffs threaten yuan as investment banks predict record lows
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04:56 28.11.2024
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