Wall Street thinks China’s yuan is 25% undervalued by a quarter on real‑trade basis

Wall Street’s biggest trendsetter, Goldman Sachs, says the yuan is trading about 25% below its fair value, with the bank expecting stronger gains by 2026 than what forwards currently show. The bank described the currency as one of its highest-conviction trades, saying its valuation does not match the economic conditions needed to support a steady […] source: https://www.cryptopolitan.com/wall-street-thinks-yuan-is-25-undervalued/