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

Share This Post

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

Related Posts

Crypto Groups Press Court to Expedite Suit on Illinois Crypto Tax

The Crypto Council for Innovation (CCI) and Blockchain Association...

OCC Releases Report One Year After Donald Trump’s ‘Debanking’ Order

The US Office of the Comptroller of the Currency...

Selini Capital Joins zerohash Liquidity Ecosystem

WASHINGTON, Oct. 14, 2026 (GLOBE NEWSWIRE) — zerohash, the...

Qivalis receives EMI authorization from Dutch central bank for euro stablecoin

Qivalis said the EMI authorization enables it to launch...

What’s the Case for Supreme Court Review of Sam Bankman-Fried’s Conviction?

After being convicted in 2023, losing his appeal to...

Coins.ph Says BSP License Intact Amid Reported Revocation Risk

Coins.ph said it remains licensed by the country’s central...