Negosyante News

April 28, 2024 5:51 am

China’s Surprising Move: Strong Yuan Fixing Shocks Market

In a move that caught market participants off guard, China’s central bank significantly strengthened the yuan’s fixing rate against the U.S. dollar, marking the largest discrepancy
In the initial months of 2024, China’s economic performance has shown promising signs, with industrial output and retail sales figures surpassing analysts’ forecasts. The country’s factory

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