China’s yuan has hit a fresh 5 year high (trade weighted basket)

The People’s Bank of China CNY mid-rate was its strongest for a week against the USD

But against a basket of currencies representing China’s largest trading partners the yuan is at a 5 year high:

  • 98.77, highest since March 15 2016 reports Reuters. 

Invest in yourself. See our forex education hub.

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button