The Chinese yuan is near a ten-month high against the dollar. The People’s Bank of China is managing the yuan’s appreciation. Analysts suggest this might be linked to U.S.-China trade talks. The yuan rose last month. The dollar’s index remained flat after a fall in August. Hong Kong Interbank Offered Rate continues to rise. Market awaits U.S.
Yuan trades near 10-month high on firm PBOC guidance, Fed outlook
by ET Markets | September 1, 2025 11:05 am | Indian Stocks, Market, News