Markets · 1 sources covering this

Global Market: Yuan hits 4-year high as traders bet on further gains

China’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations of easing US-China trade tensions. Despite the latest US rate hike, analysts see further appreciation potential. However, wider US-China yield differentials, domestic deflation risks and possible capital outflows could create renewed pressure on the currency.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
Global Market: Yuan hits 4-year high as traders bet on further gains
China’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations of easing US-China trade tensions. Despite the latest US rate hike, analysts see further appreciation potential. However, wider US-China yield differentials, domestic deflation risks and possible capital outflows could create renewed pressure on the currency.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/edadebf8804982d505843c7656ae59f215cab5de"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Global Market: Yuan hits 4-year high as traders bet on further gains"></iframe>

Global Market: Yuan hits 4-year high as traders bet on further gains

How 1 sources are covering this

Global Market: Yuan hits 4-year high as traders bet on further gains

More from Markets

Tata Sons Listing | N Chandrasekaran's extension: Tata Chemicals, Tata Motors to Tata Capital — Tata Group stocks crash

Yatharth Hospitals shares rally 10% to fresh record high as Advent set to acquire 25% stake; stock up 20% in two days

Skyways Air Services share price surges 15% after Q1 results, dividend announcements | All details here

Newly listed Karamtara Engineering share price rally continues: Stock jumps 7.4% to record high, up 50% from IPO price

Reader

Trust & legal

Across the network