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Chinese yuan to fall further

05/02/2016

Jason Daw, Head of Asian FX Strategy at Societe Generale, discusses the expected depreciation of the Yuan for the upcoming year in an article published on The Economic Times.

"Our base case scenario is for a gradual and controlled depreciation in the yuan by end-2016. We think the Chinese government can probably get capital outflows largely under control, which would then require less selling of foreign exchange reserves to manage the currency."
Jason Daw, Head of Asian FX Strategy at Societe Generale.

To read the full article, please visit: www.indiatimes.com