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Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlook

Economic Times 12 October 2026 at 08:28 am 1 min read 3 views Read Original
Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlook

China's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade tensions, China's widening yield disadvantage and concerns over export demand could limit further gains.

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