Yuan Rises to Three-Week High as Fed Refrains From Rate SignalBy
Dollar index slips for third day, helping strengthen yuan
China “clearly wants” currency at 6.7 for now, HF’s Lee says
The yuan rose to a three-week high as the Federal Reserve refrained from signaling an imminent rate hike, adding to optimism the currency will halt declines as Chinese authorities show a preference for stability.
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