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RMB tipped to depreciate against dollar

Jame DiBiasio
Jim Walker of Asianomics argues that, due to the euro’s troubles, the renminbi is actually going to weaken against the dollar in the short term, in a last-ditch effort to sustain Chinese economic growth.
RMB tipped to depreciate against dollar

Everyone trying to amass renminbi holdings in expectation of its supposedly inevitable rise against the US dollar may be in for a surprise.

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