E-Paper | April 27, 2026

Yuan holds firm as steady fixing, upbeat data outweigh geopolitical risks

Published April 27, 2026 Updated April 27, 2026 09:38am
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China’s yuan inched higher against the dollar, supported by a firm central bank fixing and the fastest growth in industrial profits in six months, even as Middle East tension kept investors on edge, reports Reuters.

The yuan was 0.03 per cent higher at 6.8289 to the dollar by 0231 GMT. Its offshore counterpart traded at 6.8285 yuan per dollar, up about 0.1pc in Asian trade.

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