During the first week of the year, offshore yuan jumped 2.2 per cent against the US dollar and closed the week at 6.85, the largest weekly gain on record. Photo: Reuters
Xie Yu
Opinion

Opinion

Across The Border by Xie Yu

Chinese yuan’s surprise rebound unlikely to be sustained, say analysts

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During the first week of the year, offshore yuan jumped 2.2 per cent against the US dollar and closed the week at 6.85, the largest weekly gain on record. Photo: Reuters
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