🚨 Urgent: The Chinese yuan rises to 6.91 against the dollar, recording its strongest level since May 2023, and is heading towards achieving its seventh consecutive monthly gain — the longest streak since 2020-2021, with an increase of 5% since 2025.
The yuan has also become the third-best performing currency in Asia since September, amid Chinese steps to curb purchases of U.S. Treasury bonds and reduce exposure to the dollar, benefiting from the weakness of the U.S. currency.
#CNY #forex #china #USDCNY #CurrencyMarket
📊These currencies are on a strong rise: 👇
💎 $PIPPIN
PIPPINUSDT
Perp
0.52362
+1.81%
💎 $FHE
FHEUSDT
Perp
0.0448
-36.48%
💎 $POWER
POWERUSDT
Perp
0.41606
+8.64%