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Chinese Yuan Strengthens Toward 7.05 / USD Amid Fed Rate Cuts and Economic Resilience - YT FINANCE
Summary by YUAN TALKS
1 Articles
1 Articles
Chinese Yuan Strengthens Toward 7.05 / USD Amid Fed Rate Cuts and Economic Resilience - YT FINANCE
The Chinese yuan has strengthened against the US dollar for several consecutive days, approaching the 7.05 per dollar level driven by the Federal Reserve’s interest rate cuts and expectations of macroeconomic policy support.
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