How Far Can China’s Yuan Rise? What Goldman’s Models Show

Crypto Insight Summary: Goldman Sachs expects China’s yuan to strengthen to 6.40 per dollar within a year, from around 6.69 now. Its top currency strategist says forward markets have not caught up to that view. Kamakshya Trivedi is Goldman’s global head of FX, rates and emerging markets strategy research. He puts the yuan’s undervaluation at 20% to 25% Crypto Insight Analysis: Direction: Bullish CNY Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Yuan strength could boost crypto market confidence in Asia but effects will be gradual.