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"The Chinese currency has posted its biggest one-day gain against the US dollar in more than 10 years. The yuan surged 0.6 percent on Friday to close at 6.3171 to the dollar.This followed an announcement by the People’s Bank of China (PBOC) that it is considering a trial program in the Shanghai free trade zone which would allow domestic investors to directly buy overseas assets.Earlier, the central bank strengthened the daily rate by 0.16 percent to 6.3495 per dollar."
"The Chinese currency has posted its biggest one-day gain against the US dollar in more than 10 years. The yuan surged 0.6 percent on Friday to close at 6.3171 to the dollar.This followed an announcement by the People’s Bank of China (PBOC) that it is considering a trial program in the Shanghai free trade zone which would allow domestic investors to directly buy overseas assets.Earlier, the central bank strengthened the daily rate by 0.16 percent to 6.3495 per dollar."
[text] Biggest gain in decade for China’s yuan — RT Business
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