Offshore Yuan Gains as Fed on Hold Bets May Ease Fund Outflows

Updated on
  • ANZ says PBOC may guide stronger yuan ahead of Xi's U.S. visit
  • Chinese banks' foreign-exchange sales surged in August

The yuan rose the most in a week in offshore trading in Hong Kong on speculation capital outflows from China will ease as the prospect of a 2015 interest-rate increase in the U.S. fades.

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