China’s Yuan Rises to Strongest Level Since 2016



May.27 — The Chinese yuan has climbed to its strongest level since March of 2016 against a basket of trading partners. It’s raising expectations that it could hit levels last seen before its shock devaluation in 2015. Bloomberg’s Sofia Horta e Costa reports on “Bloomberg Daybreak: Asia.”



The Fifth Avenue News is a channel where you can learn about the current events in the market- and find out about how to plan for the future. Every day, we deliver our audience the top headlines in business and finance in a quick, concise, and entertaining way. We’re here to keep you up-to-date on the latest news so you can stay informed.

You May Also Like