Yuan firms as exporters convert dollars before week-long holiday
SHANGHAI: The Chinese yuan strengthened against the US dollar on Tuesday , as exporters ramped up conversion of their dollar holdings into the local currency ahead of the National Day holiday, offsetting pressure from a firm greenback that hovered near a two-month high. The spot yuan opened at 6.7094 per dollar and was last trading at 6.7057 as of 0245 GMT, 61 pips firmer than the previous late…
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