Global Market: China’s yuan firms as investors await US CPI data, assess inflation
· economictimes.indiatimes.com
Chinas yuan edged higher against the dollar as investors assessed mixed inflation data and awaited US consumer price figures. Rising producer prices contrasted with subdued consumer inflation amid weak domestic demand. Analysts expect gradual yuan appreciation through 2026, supported by trade surpluses and capital flows, while Federal Reserve policy remains a key driver.
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Yuan outlook remains positive
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