China Fixes Strong Yuan, Bets on Continued Weak‑Dollar Policies

China has fixed the yuan astatine its strongest level since 2023, betting connected continued U.S. argumentation that keeps the dollar weak. According to Xinhua, the currency has stayed beneath the 7 yuan‑per‑dollar mark, strengthening to 6.9843 yuan per dollar connected Monday. People’s Bank of China Sets Yuan Stronger arsenic Dollar Weakens China has signaled it is acceptable […]