Yuan advances most in two weeks on speculations of government stimulus

Source: Bloomberg
© Scanpic/Reuters
The Yuan was higher by 0.08% to 6.2382 per Dollar in early Asia trading session on Friday. That was a 14th consecutive gain leading to the longest winning period since March 2008. Today markets were positive on China's currency, as inflation data was released and the actual figure was only 1.7%, what is the slowest pace in three years. Therefore, markets speculate on a possible China's government stimulus plan to support constant economic growth.
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