China’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, stronger factory activity and a weaker U.S. currency. The yuan has gained 4.3% this year. Beijing’s latest measures to support infrastructure, technology and housing also improved investor sentiment and economic recovery expectations.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.
