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The Nexus
BUSINESSMay 11 · 09:55 UTCMARKETWATCHJules Rimmer

As Trump heads to China, here’s how much the dollar is overvalued, according to Goldman Sachs

China may allow its currency to rise in value as part of trade negotiations with the US, according to Goldman Sachs forex strategists, who note the renminbi is cheaper than it has been for several decades. This comes as Trump heads to China. The dollar is overvalued, according to Goldman Sachs.

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