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The Economic Times News

Markets / The Economic Times

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China's yuan hits fresh 14-month high on dollar weakness

China's yuan hit a 14-month peak against the dollar, buoyed by seasonal corporate demand and a weaker U.S. currency. Despite economic slowdown concerns, exporters' foreign exchange conversions are supporting the yuan. However, authorities appear to be managing its appreciation to avoid rapid gains, with analysts expecting it to hover around 7.05 by year-end.

15 Dec 2025 3:15 pm