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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Chinese bond inclusion

Photo: Reuters/Jason Lee
Posted inBeijing, China, World

China central bank helps yuan to highest level in years

by Asia Times staff March 29, 2018February 18, 2020

The Chinese yuan has surged to its highest point versus the dollar in more than two years, with the People’s Bank of China setting the reference rate at 6.2816 on Tuesday. The fix, from which the central bank allows as much as a 2% fluctuation, followed a rally in the currency on Monday. Analysts at […]

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