Chinese Yuan Hits 15-Month High Against US Dollar in 2025 Rally
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.
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China’s Central Bank Reaffirms ‘Moderately Loose’ Monetary Policy
China’s central bank will maintain a ‘moderately loose’ monetary policy and stabilize the yuan exchange rate this year, according to PBOC Deputy Governor Xuan Changneng.