China's yuan firmed against the U.S. dollar on Tuesday, as traders said exporter demand to convert dollar receipts at relatively strong levels helped keep the Chinese currency steady.The yuan remained one of Asia's best-performing currencies this year, though analysts said further gains would hinge…
The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger US dollar and a series of softer-than-expected daily fixings from the People's Bank of China weighed on the currency.The dollar strengthened as investors priced in higher-for-longer…
China's yuan was little changed against the dollar on Monday, as the greenback pulled back from a one-year high and the central bank launched overnight reverse repo operations, reinforcing efforts to manage onshore liquidity.Since the Federal Reserve's policy meeting in mid-June, expectations that…
