Tuesday , January 26 2021
Home / South China Morning Post / China’s yuan rises for sixth straight month, the longest streak since 2014, before Biden takes office

China’s yuan rises for sixth straight month, the longest streak since 2014, before Biden takes office

Summary:
[unable to retrieve full-text content]The yuan’s exchange rate rose against the US dollar in November for the sixth straight month – its longest appreciation streak in six years, reflecting Beijing’s determination to boost the yuan’s international demand while also bracing for the incoming administration of US president-elect Joe Biden.The yuan is set for a gain of 1.6 per cent against the US dollar in November. The extended appreciation stretch is the yuan’s longest since the six-month period from May to October 2014. So far this…

Topics:
Karen Yeung considers the following as important:

This could be interesting, too:

Mike Shedlock writes Is Trump Guilty of Inciting an Insurrection Against the United States?

Jeffrey P. Snider writes Xi To Davos: If You’re Waiting For Us, We’re Waiting For You

Doug Short writes World Markets Update: January 25, 2021

Mike Shedlock writes 2.7 Million People Continually Postpone Their Mortgage Payments

[unable to retrieve full-text content]
The yuan’s exchange rate rose against the US dollar in November for the sixth straight month – its longest appreciation streak in six years, reflecting Beijing’s determination to boost the yuan’s international demand while also bracing for the incoming administration of US president-elect Joe Biden.The yuan is set for a gain of 1.6 per cent against the US dollar in November. The extended appreciation stretch is the yuan’s longest since the six-month period from May to October 2014. So far this…

Leave a Reply

Your email address will not be published. Required fields are marked *