Yuan to stabilise in 2017, according to poll
A poll of more than 500 Chinese FX participants finds 57% expect the yuan to halt its depreciation against the greenback
The Chinese yuan is expected to stabilise at between 7.00 and 7.15 against the US dollar by the end of the year, weakening somewhat from the currently prevailing 6.88 rate in USD/CNY, according to a Bloomberg survey conducted among banking and foreign exchange executives.
Figures from a poll of more than 500 market participants from banks, brokers and corporate treasuries at the Bloomberg FX17 summits in Beijing and Shanghai show 57% of respondents think the yuan will eventually halt its
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