Report

Renminbi sticking to well trodden path

Olivier Desbarres

4X Global Research (4XGR)
November 14, 2019

We noted in “Renminbi depreciation true to form” (6 June 2019) that history was repeating itself, with the Renminbi NEER having weakened in April-June as it had done in May-July 2018, albeit at a more modest pace (see figure 1). This was a clear indication in our view that “Chine...

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