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Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing

Bloomberg Markets Friday 18 September 2026, 01:32 UTC By Bloomberg News 1 min read
Key Points

Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing The yuan climbed to its highest level against the dollar in more than four years, extending an advance underpinned by broad Chinese export strength and support from the central bank. The offshore yuan gained as much as 0.1% to 6.6967 per dollar on Friday, the strongest since July 2022. The move came after the People’s Bank of China strengthened its daily currency fixing for an eighth straight session, the longest streak since 2023.

Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing The yuan climbed to its highest level against the dollar in more than four years, extending an advance underpinned by broad Chinese export strength and support from the central bank. The offshore yuan gained as much as 0.1% to 6.6967 per dollar on Friday, the strongest since July 2022. The move came after the People’s Bank of China strengthened its daily currency fixing for an eighth straight session, the longest streak since 2023.
Chinese Yuan Hits Strongest Level (ORG) Chinese (ORG) the People’s Bank of China (ORG)
Originally published by Bloomberg Markets Read original →

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