The benchmark Shanghai Stock Exchange has risen more than 9 per cent so far this week, helping drive an appreciation in the yuan. Photo: ReutersThe benchmark Shanghai Stock Exchange has risen more than 9 per cent so far this week, helping drive an appreciation in the yuan. Photo: Reuters
The benchmark Shanghai Stock Exchange has risen more than 9 per cent so far this week, helping drive an appreciation in the yuan. Photo: Reuters

China’s financial market reform stokes rally in yuan to four-month high

  • China has announced a series of steps to open its financial markets in recent weeks, boosting investor sentiment and leading to an inflow of foreign money
  • The yuan rose 0.24 per cent to 6.98 per dollar on Thursday, its strongest level since March 13

Topic |   China economy
The benchmark Shanghai Stock Exchange has risen more than 9 per cent so far this week, helping drive an appreciation in the yuan. Photo: ReutersThe benchmark Shanghai Stock Exchange has risen more than 9 per cent so far this week, helping drive an appreciation in the yuan. Photo: Reuters
The benchmark Shanghai Stock Exchange has risen more than 9 per cent so far this week, helping drive an appreciation in the yuan. Photo: Reuters
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