Analysts predict additional Chinese policy measures to support yuan stability amid US monetary uncertainties.

Analysts predict additional policy measures to support yuan stability amid US monetary policy uncertainties, aiming to strengthen the Chinese currency against the greenback in the second half of the year. The yuan reached its weakest level against the US dollar since November in both onshore and offshore trading, while the dollar index rallied by 1.16% in June to 105.84.

July 04, 2024
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