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