© Reuters. Yuan support around Trump’s visit?
- Currency strategists and traders say China is leaving nothing to chance in the next week’s visit of President trump, and is likely to prop up the value of the yuan, a regular target during last year’s campaign for the White house.
- Beijing has allowed the currency to rise more than 5% against the US dollar this year after it plunged to around 6.5% in 2016, thanks to tighter management of capital outflows and the weakness of the greenback.
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