Will the yuan deteriorate past 7 per dollar? Don´t bet on it happening any time ...
(WorldNews Business)

China is unlikely to let the yuan weaken past the key psychological level of 7 per dollar any time soon, according to market observers. Just three of 18 traders and analysts surveyed Wednesday and Thursday said the Chinese currency will breach that milestone in 2018, though a majority see it happening by the middle of next year. Falling beyond 7 for the first time in a decade would further strain relations with the US and spur capital outflows, some respondents said. The yuan fell 0.37 per cent......