Caixin OnlineFinance & EconomicsTop Stories Finance Yuan Will Appreciate to 5.7 against U.S. Dollar, Think Tank Forecasts
11.05.2012 18:22

Yuan Will Appreciate to 5.7 against U.S. Dollar, Think Tank Forecasts

The country's continued growth seen as spurring its currency to strengthen over the next five years
By staff reporter Lin Jinbing
A

(Beijing) – China's currency will gradually appreciate against the U.S. dollar by nearly 10 percent over five years, a report by a private think tank predicts.

In 2017, the exchange rate of the yuan against the US dollar would be 5.7, up about 9.5 percent from the current 6.3 level, Beijing-based West Brothers Economic Research Institute said.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Kingdom Collaboration

An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier


Issue 89
May , 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Kingdom Collaboration
An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier
Issue 89
05.01.2015

Subscribe       |       Newsletter        |        FAQ