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China’s yuan hits 3-year high as global banks issue bullish forecasts
Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.
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scmp.com
China’s yuan hits 3-year high as global banks issue bullish forecasts
Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.
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caixinglobal.com
Analysis: Where Is the Strengthening Yuan Headed?
As the Chinese currency hits a three-year high against the dollar, analysts predict further gains. But the central bank is stepping in to keep the rally from getting out of hand