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Global Market: Yuan holds near four-year high as China tempers appreciation pace

Economic Times ·First reported ·Updated
Economic TimesGlobal Market: Yuan holds near four-year high as China tempers appreciation pace
Image: Economic Times

China’s yuan held near a four-year high against the US dollar as the central bank moderated its daily fixing. Export-related demand and stronger industrial profits supported the currency, while global markets awaited key central bank decisions.

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