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Macro Finance

Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing

Bloomberg Markets·September 18, 2026·1 min read

The Chinese yuan climbed to its strongest level against the dollar in more than four years, extending an advance underpinned by broad export strength and central bank support. The PBOC's daily fixing guided the currency higher, signaling official tolerance for appreciation. Traders now watch for further policy signals as the yuan's rally continues.

Read at Bloomberg Markets
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