CNY Barometer to monitor pressure against the yuan

The measure is aimed at helping those monitoring the currency to establish the likelihood of any revaluation in the yuan. The CNY Barometer shows that since the last movement in the currency against the dollar in 1994, fundamentals pointing to revaluation pressures are now at an all-time high. Gerard Lyons, chief economist and group head of global research at the bank, said: "We believe China could change its currency policy at any time. The change may not be huge, but it will be very signif

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