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

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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