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Friday, September 8, 2017

Yuan set for biggest weekly gain in 12 years; Hong Kong dollar surges

September 08, 2017 0 comments
China’s yuan surged on Friday, set for its biggest weekly gain in 12 years, as a slide in the US dollar triggered repatriation of funds back to the mainland by real money investors. Hong Kong’s dollar climbed in tandem with the yuan. Onshore yuan rose 0.82 per cent, breaking a key 6.45 resistance...

Yuan set for biggest weekly gain in 12 years; Hong Kong dollar surges
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