geopolitical

Banking News

China'' s yuan hits 4-year high as Russia-Ukraine dilemma improves international need

[SHANGHAI] China’s yuan leapt to a close to 4-year high versus the buck on Wednesday (Feb 23), in the middle of indications the intensifying Russia-Ukraine dilemma is enhancing international need for Chinese properties. Additional yuan stamina, which injures Chinese exports, might welcome treatment by the Individuals’s Financial institution of China, yet experts state a possible expanding of western permissions versus…