China's onshore yuan hits 15-month high against the dollar

Vaishnavi Mishra, Published on Dec 25th, 2025

China's onshore yuan hits 15-month high against the dollar

China's onshore yuan approached 7 per dollar to hit the strongest level in nearly 15 months on Thursday. The surge is aided by exporters' year-end rush to convert dollar holdings into local currency, easing US trade tensions, and steady foreign money flowing into China. The currency could get even stronger next year if US interest rates stay low, experts predicted.

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