Yuan steady near 3-1/2-year high as markets watch for US inflation data
HONG KONG: China’s yuan held firm on Wednesday near a 3-1/2-year high against the dollar, as stronger official guidance kept the currency anchored ahead of highly anticipated US CPI data. The yuan last traded flat at 6.7465 to the US dollar, holding steady after hitting its strongest since February 2023 on Monday. The offshore yuan traded at 6.7479 yuan per dollar, down about 0.02% in Asian…
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