Yuan hits multi-month highs as economy shows signs of stabilization
By Ritu, Capital Sands The Chinese Yuan hit almost five-month highs and the USD continued to retreat on the last day of the year in Asia. The U.S. dollar index was down 0.06% to 96.69 , continuing a multi-day slide. The People’s Bank of China set the reference rate for the yuan at 6.9762, stronger than the 6.9805 fix […]