Yuan Hits Highest Level Since 2022 on Weaker Dollar, Exports
The yuan briefly reached its highest level in more than four years on Wednesday, supported by robust export growth and a broadly weaker dollar, before trading in a narrow range.
By Summer ZhenChina's yuan traded in a narrow range on Wednesday after briefly hitting its highest in more than four years, supported by robust export growth and a broadly weaker dollar.The greenback remained subdued after falling to a three-week low in the previous session, with lower Treasury yie…