Trading at around 6.83, the yuan stands at its strongest level against the US dollar in a year. An upwards slope in the figure indicates a depreciation in the value of the yuan, while a downward slope indicates yuan appreciation. Photo: Roy IssaTrading at around 6.83, the yuan stands at its strongest level against the US dollar in a year. An upwards slope in the figure indicates a depreciation in the value of the yuan, while a downward slope indicates yuan appreciation. Photo: Roy Issa
Trading at around 6.83, the yuan stands at its strongest level against the US dollar in a year. An upwards slope in the figure indicates a depreciation in the value of the yuan, while a downward slope indicates yuan appreciation. Photo: Roy Issa

China signals shift to stronger yuan exchange rate policy to help develop domestic demand, analysts say

  • Chinese leaders are seemingly shifting toward a stronger yuan exchange rate policy to develop the domestic consumption market under its new dual circulation plan
  • Trading at around 6.83, the yuan stands at its strongest level against the US dollar in a year

Topic |   Currency war
Trading at around 6.83, the yuan stands at its strongest level against the US dollar in a year. An upwards slope in the figure indicates a depreciation in the value of the yuan, while a downward slope indicates yuan appreciation. Photo: Roy IssaTrading at around 6.83, the yuan stands at its strongest level against the US dollar in a year. An upwards slope in the figure indicates a depreciation in the value of the yuan, while a downward slope indicates yuan appreciation. Photo: Roy Issa
Trading at around 6.83, the yuan stands at its strongest level against the US dollar in a year. An upwards slope in the figure indicates a depreciation in the value of the yuan, while a downward slope indicates yuan appreciation. Photo: Roy Issa
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