Yuan gains on strong fixing

Note: This section contains information in English only.
Source: Bloomberg
China's Yuan advanced the most two years as The People's Bank of China hiked the reference rate for the first time in a week after officials predicted no further fall in the exchange rate. The Chinese currency added 0.58%, the largest gain in three years since Oct 10, to 6.1888 per greenback at the close in Shanghai. It contracted 1.2% last week in the biggest drop since 2007.
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