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KM Financial Solutions | China lifts yuan mid-point to strongest in 2-1/2 weeks
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China lifts yuan mid-point to strongest in 2-1/2 weeks

18 Jul China lifts yuan mid-point to strongest in 2-1/2 weeks

Posted at 01:30h in News by
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China’s central bank on Friday
lifted its official yuan midpoint to 6.8635 per dollar, the
strongest in 2-1/2 weeks, tracking weakness in the greenback
after a U.S. Federal Reserve official bolstered market bets of
an interest rate cut later this month.

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