China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023

China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023



China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023
China’s central bank set the yuan’s daily reference rate stronger than the closely watched 7-per-dollar level for the first time in over two years, in the latest sign of policymakers’ intention to allow further appreciation in the currency.


www.bloomberg.com
#China #Sets #Yuan #Fixing #Stronger #Time

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *