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Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing
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4 Articles
The 'onshore' rate, negotiated in the Chinese domestic market, advanced 0.18% and also exceeded the previous maximum, recorded at the beginning of 2023, reaching 6,6973 yuan per dollar
·Portugal
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The yuan reached today the highest value against the dollar since July 2022, after signs of support from the Chinese central bank and a few days from the scheduled meeting between the presidents of China and the United States.
·Portugal
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The Chinese yuan rose to its strongest level since July 2022 ahead of a critical meeting scheduled next week between Trump and Xi Jinping. Moves by the People's Bank of China and new measures to expand the yuan's cross-border use supported the rise.
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