Chinese yuan nears 3-1/2-year high as Fed rate hike bets fade
· thehindubusinessline.com
China’s yuan hovered near a 3-1/2-year high against the dollar, heading for a seventh weekly gain as PBOC support and fading Fed hike bets boosted the currency.
China’s yuan hovered near a 3-1/2-year high against the dollar on Friday as it headed for a seventh straight weekly gain, aided by a firmer midpoint fixing an...