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The analyst described the future of the dollar and the yuan due to the Taiwan crisis Russian news EN

Financial analyst Antonov believes that Pelosi’s visit to Taiwan did not affect the yuan

Financial Analyst at BitRiver Vladislav Antonov talking to an agency “Prime” described the future of the dollar and the yuan due to the Taiwan crisis.

“The expert recalled that the Chinese currency has been stable against the US dollar since mid-May. Visit [спикера палаты представителей США Ненси] Pelosi to Taiwan did not affect the yuan,” he said.

Antonov also stressed that the United States has already received many warnings from China, but so far everything has ended in nothing. Now the ball is on the side of China, which has already begun to impose restrictions on Taiwan and while market participants are waiting for a new portion of news from the Asian region.

According to the expert, the dollar will continue to moderately rise in price against the backdrop of further tightening of monetary policy US Fed to fight high inflation.

Previously PhD in Economics, Financial Analyst Mikhail Belyaev informedthat on September 1, the dollar will cost 60 rubles, and the euro – 61. According to the financial analyst, by September, neither the Russian nor the American economies will fundamentally change.

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