HSBC Sees Dollar-Yuan Reaching 7.20, Strategist Says



Jingyang Chen, Asian foreign exchange strategist at HSBC Holdings Plc, talks about the People’s Bank of China’s decision to raise risk reserve requirement on forex forward sales to 20% from 0%, and the outlook for the yuan. She speaks with Yvonne Man and David Ingles on “Bloomberg Markets: China Open.”



The Fifth Avenue News is a channel where you can learn about the current events in the market- and find out about how to plan for the future. Every day, we deliver our audience the top headlines in business and finance in a quick, concise, and entertaining way. We’re here to keep you up-to-date on the latest news so you can stay informed.

You May Also Like