The yuan is expected to remain..........>

CHINA PRESS: The yuan is expected to remain stabile and even rise in 2018, the

Economic Information Daily, a newspaper under the official Xinhua News Agency,

said Thursday in a front-page report, citing experts. Xie Yaxuan, China

Merchants Securities' chief macroeconomic analyst, a former official at the

Shenzhen branch of the People's Bank of China and State Administration of

Foreign Exchange, predicted the yuan was likely to fluctuate between 6.45 to

6.95 to the dollar this year. Wang Youxin, FX analyst at the international

finance research institute of the Bank of China, said he expects the yuan will

continue to strengthen, though the rise is not likely to be as large as last

year. Wang projected the rise would be around 2.5%, with the U.S. dollar

entering a downward trend as European countries and Japan start to consider

normalizing their monetary policies.  (Economic Information Daily)