Chinese RMB Will Continue To Depreciate: Morgan Stanley – ValueWalk Premium
RMB no longer attractive

Chinese RMB Will Continue To Depreciate: Morgan Stanley

With outflows replacing inflows and additional risk factors, Morgan Stanley analysts believe the Chinese renminbi will depreciate against the USD on a fundamentals basis, and any tactical stabilization of the RMB should likely be short-lived.

Chetan Ahya and team at Morgan Stanley in their January 11, 2016 research note titled: “RMB Regime Change: Part 2” continue to recommend avoiding old economy China names and HK-listed China banks.
RMB to move to greater depreciation path from 3Q16 on
Ahya and colleagues note that on August 11, 2015 . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

0