China’s Yuan Climbs Past 7 Per Dollar as PBOC Caves in to Bulls

China’s Yuan Climbs Past 7 Per Dollar as PBOC Caves in to Bulls



China’s Yuan Climbs Past 7 Per Dollar as PBOC Caves in to Bulls
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence.


www.bloomberg.com
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