Expect yuan to firm to 6.50 to the dollar in 12 months: Bank of Singapore
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Expect yuan to firm to 6.50 to the dollar in 12 months: Bank of Singapore

Eli Lee at Bank of Singapore says a near-term move for the Chinese yuan above the 7 level can't be ruled out, but the Chinese government is not incentivized to let its currency slide too much.
03:31
Thu, Aug 16 201811:33 PM EDT