US EditionYuan Expected to Rise in 2026, but Beijing Has Its Reasons for Saying Not so Fast
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Yuan expected to rise in 2026, but Beijing has its reasons for saying not so fast
SHANGHAI — Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile economy.As the yuan exchange rate tiptoed toward and then passed the strong side of seven-per-dollar last year, foreign currency flows into Chinese banks hit a record US$452 billion (S$573 billion) in December.The amount converted to yuan also hit a record of US$31…
Analysis-Yuan expected to rise in 2026, but Beijing has its reasons for saying not so fast - Regional Media News
SHANGHAI, Feb 4 (Reuters) - Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile economy. As the yuan exchange rate tiptoed toward and then passed the strong side of 7-per-dollar last year, foreign currency flows into Chinese banks hit a record $452 billion in December. The amount converted to yuan also hit a record of $311 bil…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
