Chinese yuan could appreciate toward 7 in the medium term: BNP Paribas

Prashant Bhayani, Chief Investment Officer of BNP Paribas Wealth Management believes there are fundamentals supporting a "moderate appreciation" for the Chinese currency in the near term. He also thinks downside for the yuan is limited, unless the U.S.-China trade deal collapses.
02:22
Tue, May 26 20203:15 AM EDT