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Yuan hits three-year high amid supportive policy, risk-on buying

December 08, 2021 8:55 PM

HONG KONG (BLOOMBERG) – China’s yuan advanced to the strongest level since May 2018 amid bets that monetary stimulus will sustain the nation’s growth and the new Covid variant will have a limited impact on the global recovery.

Source : http://www.straitstimes.com/business/banking/yuan-hits-three-year-high-amid-supportive-policy-risk-on-buying

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