Economists: Phase One Trade Deal To Have Limited Impact On The RMB, Economists Predict

Posted by Fullerton Markets on Jan 16, 2020 9:00:00 PM

The US-China trade deal highlights the principle of transparency and forbids competitive currency devaluation.

The new deal will also have limited impact on the Renminbi, which is expected to fluctuate around a narrow range for a short time.

Our Chief Strategist, Jimmy Zhu, shares his insights in this CGTN report.