Analysts: Wait and see on RMB

Index provider MSCI's saying yes to China's A-share market might help boost the yuan's exchange rate in the short run, but market expectations in the long run depend on the country's economic fundamentals and its pace in the yuan's exchange rate reform, according to analysts.

The offshore yuan gained around 0.1 percent against the dollar five minutes after the index provider announced its decision to include China's A-share market into its Emerging Markets Index on Wednesday.

The inclusion will help stabilize the yuan's exchange rate, because inclusion will bring more capital inflows, according to Liang Dawei, chief investment officer of Standard Chartered Bank.