Macro Finance
Yuan Hits Four-Year High as PBOC Signals Support Before Trump-Xi
Bloomberg Markets·September 18, 2026·1 min read
The yuan climbed to its strongest level in more than four years as China's central bank continued to guide the currency higher ahead of a meeting between leader Xi Jinping and US President Donald Trump. The PBOC's daily fixing has signaled support, boosting market confidence. The gains come amid trade negotiations, with traders watching for any shifts in policy.
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