Currency Misalignment Monitor, August 2023
Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation rises to 15.2% against global currency basket as dollar inflows continue to push up the greenback. Japanese yen undervaluation against U.S. dollar reaches 50.1%, a new all-time low for the yen in dollar terms. Chinese yuan undervaluation against dollar rises to 28.1% CMM…