Chinas central bank has set the yuans daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-pe… [+956 chars]
China sets yuan fixing rate at 15-month high amid offshore gains - South China Morning Post
The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal factors for rally.
Source:Post Magazine
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