Yuan closes at highest level since mid-March as China shares rally


- AFP

SHANGHAI: The Chinese yuan surged on Monday and finished the domestic session at its strongest level in 3-1/2 months, as a spurt in China's stock market on the back of economic recovery optimism underpinned sentiment.

The onshore yuan finished domestic trading at 7.0330 per dollar, the strongest such close since March 18, and was up 0.48% from the previous late night close.

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yuan , People's Bank of China , CSI300

   

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