  The Monkey Cage asks
What will be the end-of-day closing value for the dollar against the renminbi on 28 April 2017?
Started
Dec 27, 2016 06:00PM UTC
Closed Apr 28, 2017 05:00PM UTC
Closed Apr 28, 2017 05:00PM UTC
Challenges
President-elect Trump has accused the Chinese of devaluing the renminbi (CNBC), but recently its value has been increasing relative to the dollar (Washington Post, Washington Post). Outcome will be determined by the end-of-day closing value reported by Bloomberg. For historical trends, see Bloomberg.
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If you liked this question, you might also enjoy forecasting on the likelyhood of a state soda tax or on the U.S withdrawing from NAFTA. This question was closed as "6.6 to 7.2, inclusive" with an end date of 28 April 2017. On April 28th the exchange rate closed at 6.8935 (Bloomberg). See our FAQ to learn about how we resolve questions and how scores are calculated.
If you liked this question, you might also enjoy forecasting on the likelyhood of a state soda tax or on the U.S withdrawing from NAFTA. This question was closed as "6.6 to 7.2, inclusive" with an end date of 28 April 2017. On April 28th the exchange rate closed at 6.8935 (Bloomberg). See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 6.6 | 1% | |
| 6.6 to 7.2, inclusive | 98% | |
| More than 7.2 | 1% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 662 |
| Average for questions older than 6 months: 206 | |
| Number of Forecasts | 1346 |
| Average for questions older than 6 months: 585 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
