Free Trial

China Exports to Drive Yuan Outlook In 2022: Guan Tao

CHINA PRESS
MNI (Singapore)

The Chinese yuan in 2022 will be largely dependent on the outlook of the country's exports, which may continue to be supported if the pandemic hinders recoveries of overseas economies, the Economic Daily reported citing Guan Tao, a former forex official. Guan also noted that the Federal Reserves may hike interest rates earlier than expected, while China still has room for easing given tamed inflation, though this may lead to narrowed China-U.S. interest rate spread and a weaker yuan, the newspaper said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.