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Yuan climbs past 7 per dollar as PBOC caves in to bulls
Financial Express Delhi
|December 26, 2025
THE YUAN CLIMBED past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China's central bank will allow gradual currency appreciation to boost market confidence.
The offshore yuan gained as much as 0.2% to 6.9964 per dollar on Thursday. The move came after the People's Bank of China strengthened its daily reference rate to the the strongest level since September 2024.
Bu hikaye Financial Express Delhi dergisinin December 26, 2025 baskısından alınmıştır.
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