Seeking Alpha

The yuan's biggest move higher in 2013 overnight has the currency at its strongest level in...

The yuan's biggest move higher in 2013 overnight has the currency at its strongest level in nearly 2 decades, with the greenback buying just 6.1986 of them. An uptick in Chinese economic activity combined with a bit of softening in the U.S. might be enough to tilt capital flows just a bit more towards China.
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