Chinese Yuan Retreats From 3-Week High on Stronger US Dollar, Firmer PBoC Fix, But Misses Estimates
() -- China's yuan pulled back from the three-week high of 6.7758 reached in the previous session as a stronger US dollar gained support from safe haven demand amid ongoing Gulf tensions. Prior to the market opening, the People's Bank of China set the yuan's central parity rate at 6.7972 per US dollar on Monday. Compar