Yuan Hits 4-Year High vs Basket as PBOC Defends FX Policy
The yuan advanced to a four-year high against a basket of its trading partners’ currencies after the People’s Bank of China rejected claims of undervaluation and defended its exchange-rate management.
Original · Bloomberg AI summary of public reporting
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Prices since publication
At publication → CurrentEUR1.123 → 1.12−0.2%
JPY158.13 → 158.25+0.1%