CNY May Weaken More Vs. USD By End-2023 Than Previously Forecast, UBS Says

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06/08/202306/08/2023

Wall Street Journal

CNY may weaken more against USD by end-2023 than previously forecast, UBS has raised its year-end projection for USD/CNY to a range of 6.9000-7.0000 from 6.8000 earlier.

https://www.wsj.com/articles/asian-currencies-consolidate-may-weaken-on-higher-treasury-yields-989d241e