Yuan reportedly hits multi-year high as China eases currency curbs
The Straits Times reports that the People’s Bank of China eased currency curbs ahead of a Trump-Xi summit.
TLDR
The Straits Times reports that China’s yuan reached a multi-year high as the central bank eased currency curbs ahead of the Trump-Xi summit. The outlet describes the developments as signalling cautious optimism in US-China trade talks.
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