The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets Chinas central bank will allow gradual currency appreciation to boost market confide… [+212 chars]
China’s Yuan Climbs Past 7 Per Dollar as PBOC Caves in to Bulls - Bloomberg
The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s central bank will allow gradual currency appreciation to boost market confidence.
Source:Bloomberg
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