Yuan may continue to appreciate
By Wu Yiyao in Shanghai | China Daily | Updated: 2013-06-01 08:13
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 An employee from the Industrial and Commercial Bank of China is counting the renminbi and Japanese yen in Huaibei, Anhui province, on May 17. The yuan has gained some 20 percent against the yen since the beginning of the year. Woo He / for China Daily |
The yuan may be trading at below 6.1 against the US dollar as the Chinese currency continues to rise in the next few months, said a currency analyst at DBS Bank.
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