KM Financial Solutions | China sets yuan midpoint at strongest level in a month
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China sets yuan midpoint at strongest level in a month

China sets yuan midpoint at strongest level in a month

China’s central bank lifted its
official yuan midpoint to the highest level in a month on
Tuesday, reflecting strong gains in the spot yuan a day earlier
following signs of progress in Sino-U.S. trade negotiations that
raised hopes for an end to the long trade war.

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