BUSINESSglobal
Asia FX Talking: Relatively broad-based pressure
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Updated 2 hours ago
First seen March 18, 2026 07:00:40Stay on top of this story
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Quick Summary
USD/CNY: Iran war briefly interrupts CNY appreciation momentum The Chinese yuan strengthened following the Lunar New Year holiday, briefly dipping below 6.85 before rebounding to 6.93 after geopolitical risks picked up and the dollar gained. As fears subsided, the appreciation trend continued with the CNY back to 6.86. The People’s Bank of China cut the ...