China's yuan jumps to 16-month high, state banks step in to curb gains
- Posted on September 20, 2024
- By CNBC
- 1 Views
China's yuan jumps to 16-month high, state banks step in to curb gains
China's yuan hit a 16-month high on Friday, boosted by hopes of new stimulus from Beijing, but gains were limited by dollar buying from state banks.