Publicada el lunes, 14 de diciembre de 2015 | Actualizada el lunes, 14 de diciembre de 2015
China | Depreciation takes hold after new RMB index set to track EUR and JPY more closely
Resumen
On December 11, the PBOC indicated that the RMB will be loosely pegged to a basket of 13 currencies. Weights for the different currencies were also provided as part of the announcement. We identify some upside risks to our end-15 forecast of 6.45 CNY/USD but maintain our end-16 forecast at 6.8 CNY/USD.
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Documentos y archivos
Autores
CC
Carlos Casanova
LX
Le Xia
BBVA Research - Economista Jefe