What will be the end-of-day closing value for the U.S. dollar against the Chinese yuan on 17 April 2020?
In August 2019, the yuan rose above the 7-per-dollar level for the first time in eleven years amidst increased China-US trade tensions (Reuters). Outcome will be determined by the end-of-day closing value reported by Bloomberg (Bloomberg).
NOTE: The originally posted Bloomberg link was dead. It has been revised to link you to the relevant data reported by Bloomberg.
The question closed "Between CNY 7.0000 and CNY 7.5000" with a closing date of 17 April 2020.
|Possible Answer||Correct?||Final Crowd Forecast|
|Less than CNY 6.5000||0%|
|Between CNY 6.5000 and CNY 7.0000, inclusive||3%|
|Between CNY 7.0000 and CNY 7.5000||97%|
|Between CNY 7.5000 and CNY 8.0000, inclusive||0%|
|More than CNY 8.0000||0%|