Core Viewpoint - Citigroup forecasts that the Chinese yuan (CNY) will appreciate against the US dollar (USD) to 6.8 by the end of the year, with potential fluctuations in the interim [1] Summary by Relevant Sections Currency Forecast - Citigroup economists, including Xiangrong Yu, predict that the CNY/USD exchange rate will rise to 6.8 within the next 6-12 months, with expected fluctuations around 6.9 in the next three months [1] Volatility and Management - The bank indicates that the volatility of the yuan may increase by 2026, but the overall trend is expected to be appreciation [1] - Citigroup suggests that the central bank may have partially influenced the exchange rate to stabilize expectations amid external fluctuations, and this strategy may no longer be necessary by 2026, potentially leading to a "managed appreciation" [1] Internationalization and Trade Tensions - The goals of advancing the internationalization of the yuan and easing trade tensions are seen as supportive factors for the yuan's strength [1]
花旗：人民币汇率预计未来6-12个月将升向6.8
Xin Lang Cai Jing·2026-01-06 03:16