The yuan’s exchange rate rose against the US dollar in November for the sixth straight month. Photo: Reuters The yuan’s exchange rate rose against the US dollar in November for the sixth straight month. Photo: Reuters
The yuan’s exchange rate rose against the US dollar in November for the sixth straight month. Photo: Reuters
China economy

China’s yuan rises for sixth straight month, the longest streak since 2014, before Biden takes office

  • Yuan is set for a gain of 1.6 per cent against the US dollar in November and is up 5.7 per cent so far this year
  • Tensions between the United States and China are expected to remain the same under president-elect Joe Biden in the areas of currency manipulation and trade practises, analysts say

Topic |   China economy
The yuan’s exchange rate rose against the US dollar in November for the sixth straight month. Photo: Reuters The yuan’s exchange rate rose against the US dollar in November for the sixth straight month. Photo: Reuters
The yuan’s exchange rate rose against the US dollar in November for the sixth straight month. Photo: Reuters
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