Yuan will be generally stable with a “slightly stronger” bias in 2H

Omkar Godbole FXStreet Contributor

Bloomberg is reporting a front-page commentary in China Securities Journal, which says the Yuan is likely to be generally stable with a “slightly stronger” bias in the second half of this year.

Sound economic fundamentals, capital inflows from A-shares inclusion in the MSCI index and the upcoming bond connect between Hong Kong and China is likely to keep the currency well bid.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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