London Hedge Fund Omni Sees 15% Yuan Drop, and More in a Crisis

  • Omni says yuan could slump 34% in case of a credit crisis
  • Strategist says China can't `fight economic fundamentals'

Chinese Yuan: Much Further to Fall?

Omni Partners, the $965 million London hedge fund whose wagers against China helped it beat the industry last year, said the yuan may fall 15 percent in 2016, and even more if the nation has a credit crisis.

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