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CHINA PRESS: Yuan To Stay Around 7.3 Level Near-term - Analysts

CHINA PRESS
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The yuan is expected to remain around 7.3 against the U.S. dollar in the short-term, according to analysts from CITIC Securities. Market sentiment has improved amid capital inflows to the Chinese stock market driven by DeepSeek, while pressure on China-U.S. interest spreads eased as the dollar weakened, said Li Liuyang, chief FX analyst at China International Capital Corporation. Regulators will promptly use policy tools to stabilise the yuan should it move sharply in the future or deviate from fundamentals, said Wang Qing, chief macro analyst at Golden Credit Rating. (Source: China Securities Journal)

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The yuan is expected to remain around 7.3 against the U.S. dollar in the short-term, according to analysts from CITIC Securities. Market sentiment has improved amid capital inflows to the Chinese stock market driven by DeepSeek, while pressure on China-U.S. interest spreads eased as the dollar weakened, said Li Liuyang, chief FX analyst at China International Capital Corporation. Regulators will promptly use policy tools to stabilise the yuan should it move sharply in the future or deviate from fundamentals, said Wang Qing, chief macro analyst at Golden Credit Rating. (Source: China Securities Journal)