Morgan Stanley: The RMB is expected to rise 0.9% against the US dollar by mid-2026, while other Asian currencies will appreciate by an average of about 3.5%; the US dollar is expected to depreciate 6.2% over the same period.

Morgan Stanley: The RMB is expected to rise 0.9% against the US dollar by mid-2026, while other Asian currencies will appreciate by an average of about 3.5%; the US dollar is expected to depreciate 6.2% over the same period.