On Monday, the yuan was changing hands at 6.8502 per dollar, unexpectedly rising 0.28 per cent. Photo: Reuters
China’s foreign exchange reserves rise for second month as yuan expectations stabilise
- Accumulation of assets valued in foreign currencies rises by US$11 billion in December to US$3.073 trillion
- People’s Bank of China keen to support the yuan exchange rate
On Monday, the yuan was changing hands at 6.8502 per dollar, unexpectedly rising 0.28 per cent. Photo: Reuters
