No pain, no gain. CLSA predicts RMB to weaken 25% by end-2017

Rev Hui

April 15, 2016 08:15 am

exercise_pain_230px — Shirtless muscular Caucasian man swings back and shouts while curling heavy weights on curl bar | Chad Zuber/Shakzu - Fotolia

CLSA said in a research report released on Friday that it expects the renminbi to weaken by 25% in the next 20 months, predicting more pain for the region before the currency starts rebounding in 2018.

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