Goldman Sees Yuan Strength, USD/CNY to Hit 7

May 16, 2025

Catenaa, Friday, May 16, 2025-Goldman Sachs has revised its outlook for the Chinese Yuan, forecasting the USD/CNY exchange rate to decline to 7.20 within three months, 7.10 in six months, and ultimately reach 7.00 over the next year. The bank’s updated projections reflect expectations that the yuan will steadily strengthen against the dollar. The firm […]