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MARKETS-ECONOMIC TIMES · INDIAN ·

Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar sales

As reported by Markets-Economic Times
China’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, stronger factory activity and a weaker U.S. currency. The yuan has gained 4.3% this year. Beijing’s latest measures to support infrastructure, technology and housing also improved investor sentiment and economic recovery expectations.
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