Yuan jumps to 3-1/2-mth high, market gauges c.bank tolerance
alphanewsstream
2021-05-10 05:45
Yuan jumps to 3-1/2-mth high, market gauges c.bank tolerance
China's yuan jumped to a
3-1/2-month high against the dollar on Monday, underpinned by
broad dollar weakness, as investors continued to assess the
implications for monetary policy of a disappointing U.S.
employment report.
The currency's strength is fuelling speculation the central
bank may step...

https://www.reuters.com/article/china-yuan-midday/yuan-jumps-to-3-1-2-mth-high-market-gauges-c-bank-tolerance-idUSL1N2MX069

#Reuters
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