On Friday the onshore yuan rate shot up as much as 0.7 per cent to 6.439 per US dollar, the first time it has breached 6.45 per dollar since December 2015. Photo: Reuters On Friday the onshore yuan rate shot up as much as 0.7 per cent to 6.439 per US dollar, the first time it has breached 6.45 per dollar since December 2015. Photo: Reuters
On Friday the onshore yuan rate shot up as much as 0.7 per cent to 6.439 per US dollar, the first time it has breached 6.45 per dollar since December 2015. Photo: Reuters
Laura He
Opinion

Opinion

Across The Border by Laura He

China’s huge currency rally could have further to go, analysts say

China’s yuan has appreciated nearly 2 pc against the dollar this week, against a favourable backdrop and growing bearishness towards the greenback

On Friday the onshore yuan rate shot up as much as 0.7 per cent to 6.439 per US dollar, the first time it has breached 6.45 per dollar since December 2015. Photo: Reuters On Friday the onshore yuan rate shot up as much as 0.7 per cent to 6.439 per US dollar, the first time it has breached 6.45 per dollar since December 2015. Photo: Reuters
On Friday the onshore yuan rate shot up as much as 0.7 per cent to 6.439 per US dollar, the first time it has breached 6.45 per dollar since December 2015. Photo: Reuters
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Laura He

Laura He

Laura covers capital markets and financial affairs in Hong Kong and China, including major IPOs, corporate finance, investment banking, and equity markets, with an eye on technology and innovation for the Post. Previously, she'd worked for MarketWatch and The Wall Street Journal Digital Network in San Francisco and Hong Kong. She has also worked for Forbes in San Francisco and had stints at Xinhua News Agency as economics editor, anchor and financial correspondent in both Beijing and Hong Kong. She has an MA degree in digital journalism from Stanford University and passed CFA exams.