China yuan hits 3-1/2-year high as PBOC extends fixing streak
The yuan rose to a 3-1/2-year high versus the dollar after the PBOC set a firmer daily fixing for the 10th straight session, with investors awaiting an upcoming Xi–Trump meeting.
China's yuan climbed to a 3-1/2-year high against the dollar on Tuesday after the central bank set a firmer daily fixing for the 10th straight session, the longest streak since late 2023, while investors awaited a meeting between the leaders of the world's two largest economies later this week.US T…