"Estimates of the scale of the yuan carry trade vary. Based on capital outflows from China, GF Securities estimates that transactions involving borrowing yuan to buy dollars and other higher-yielding currencies totaled 15.15 trillion yuan ($2.14 trillion) between 2021 and June 2024."
Anyone know the status of RMB carry trade after June 2024? It is quite understandable that current China economics situation pushed lots of low interest and low return RMB out to change to high yield US Dollar or G7 equity market.
Anyone know the status of RMB carry trade after June 2024? It is quite understandable that current China economics situation pushed lots of low interest and low return RMB out to change to high yield US Dollar or G7 equity market.
