China | On the way to the floating regime: RMB is set to depreciate
Publicada el viernes, 3 de febrero de 2017 | Actualizada el domingo, 13 de mayo de 2018
China | On the way to the floating regime: RMB is set to depreciate
Resumen
We believe the exchange rate regime of the RMB will ultimately shift to a floating one as other major economies in the world. The floating of the RMB could come in the second half of 2018. Although certain degree of currency overshooting is inevitable, the final floating will help China’s economy restore its external balance and push up the exchange rate in the long run.
Temáticas
- Etiquetas de Temática
- Análisis Regional China
- Análisis Macroeconómico
Autores
Jinyue Dong
BBVA Research - Economista Senior
Le Xia
BBVA Research - Economista Jefe
Documentos y archivos
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