Is the Chinese Yuan Emerging as a Situational Safe-Haven Currency?
A CF40 study suggests that oil import dependency, rather than traditional status, is driving currency performance during the current Strait of Hormuz disruptions.
News & Insights Across Asia
A CF40 study suggests that oil import dependency, rather than traditional status, is driving currency performance during the current Strait of Hormuz disruptions.
The Chinese yuan surges to its strongest level since September 2024, with both onshore and offshore rates breaking key thresholds amid a 4.6% annual appreciation.