Tag: "Yuan"

Economic

Yuan Hits 6.99 Per Dollar: Best Performance in Five Years

The Chinese yuan has strengthened, surpassing the critical 7-per-dollar threshold in the tightly regulated domestic market for the first time since 2023. This marks...

Business

PBOC Governor: Stable Yuan Shields Global Economy from Market Volatility

The Governor of the People’s Bank of China (PBOC), Pan Gongsheng, highlighted the critical role of a stable yuan (RMB) in fostering global financial...

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