Yuan Strengthens on Pledged Policy Support, Sterling Rebounds Ahead of Central Bank Meetings
China’s yuan strengthens as leaders promise policy support, while euro and sterling stabilize ahead of central bank meetings.
Yuan
Asian Currencies Strengthen Amid Dollar Weakness and Chinese Stimulus Expectations
Most Asian currencies gain strength as the dollar weakens and Chinese stimulus promises boost sentiment, ahead of the Federal Reserve meeting.
Central Bank of Russia Disposes of Yuan Worth $47 Million in January
Russia has sold the equivalent of almost $47 million of yuan in January to purchase roubles to compensate for budget shortfall created by decreased oil and gas revenues.
