The Chinese currency gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency. Photo: Reuters
The Chinese currency gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency. Photo: Reuters
Yuan

China’s yuan posts second straight year of gains against US dollar, best performing in emerging markets

  • The Chinese currency gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency
  • With many market participants already on their end of year holidays, trading was quiet and tepid on the last day of the year, traders said

Topic |   Yuan
The Chinese currency gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency. Photo: Reuters
The Chinese currency gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency. Photo: Reuters
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