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News 2026-10-19 02:41 UTC

Offshore Yuan Hits Fresh 4-Year High

The offshore yuan strengthened to around 6.69 per dollar on Monday, reaching its strongest level since June 2022 as investors welcomed a string of strong economic data. China’s economy grew 4.5% year-on-year in Q3 2026, accelerating from Q2’s three-year low of 4.3% and beating market expectations of 4.4%. Growth in the

News 2026-09-21 03:52 UTC

Yuan hits fresh 3-1/2-year peak as PBOC eases appreciation curb

China's yuan strengthened to its highest level in over three and a half years against the US dollar on Monday, reaching 6.6957 per dollar, as the central bank appeared to ease its efforts to curb appreciation ahead of a summit between Chinese and US leaders.