Yuan Hits Fresh High Since 2022 on Export Growth
China’s yuan rose to 6.6789 per dollar, its strongest level in more than four years, after the central bank guided the currency stronger. Robust export growth and corporate settlement demand also supported the move.
China's yuan hit its highest level in more than four years on Tuesday after the central bank guided the currency stronger, while corporate settlement demand amid robust export growth further underpinned its strength.The yuan FX_IDC:USDCNY rose to as much as 6.6789 per dollar in morning trades, its…