The yuan had its best day in two years against the US dollar on Monday. Photo: Kyodo The yuan had its best day in two years against the US dollar on Monday. Photo: Kyodo
The yuan had its best day in two years against the US dollar on Monday. Photo: Kyodo
Yuan
Economy /  China Economy

Yuan posts biggest gain in two years after temporary trade truce between US and China

  • Chinese currency traded onshore rises 1.09 per cent, its biggest daily increase since February 2016
  • But analysts are sceptical US and China can reach comprehensive trade deal with 90-day grace period

Topic |   Yuan
Karen Yeung
Karen Yeung

Updated: 6:15am, 4 Dec, 2018

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The yuan had its best day in two years against the US dollar on Monday. Photo: Kyodo The yuan had its best day in two years against the US dollar on Monday. Photo: Kyodo
The yuan had its best day in two years against the US dollar on Monday. Photo: Kyodo
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