RMB Strengthens to 15-Month High Amid Dollar Weakness

2025-12-26 09:47

The Chinese yuan has surged to a 15-month high, reaching the '6' range as the offshore yuan hit 7.0 on December 25. This appreciation is driven by seasonal demand from exporters and a weakening U.S. dollar. Additionally, improved trade data and upgraded GDP forecasts have contributed to the yuan's rise. Analysts attribute the current gains to short-term factors but anticipate a managed, gradual appreciation of the RMB. The fear and greed index indicates growing confidence in the yuan's stability, with a potential resistance level forming near the 7.0 mark if the trend persists.

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