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Yuan Shines in Bullish Week as China Markets Embrace Risk

The Yuan Set for Longest Weekly Losing Run Since 2016
Photographer: SeongJoon Cho/Bloomberg
Updated on

The yuan is front and center as greater China’s markets close out a bumper week after good news on trade.

The currencies of China, Taiwan and even Hong Kong are among the top performers in the world over the past five days, with the yuan strengthening past the 7 per dollar level for the first time since August. Benchmark equity gauges are also poised for their best showings in weeks.