China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
8hon MSN
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two ...
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 4.19% higher at 709 ...
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to ...
The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.
Chinese e-commerce stocks jumped after the country's central bank announced a broad stimulus package. Alibaba, JD.com, and ...
The Australian dollar hovered close to its highest level of the year on Tuesday, with the central bank set to hold policy ...
E-coupons will offer anyone in Shanghai discounts on a wide range of purchases, from hotels and movies to restaurants and ...
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