Asia FX Rises on Weakening Dollar, Yuan Dips as Zero COVID Persists
By Ambar Warrick Investing.com– Asian currencies rose slightly on Monday, recovering some lost ground from last week as the dollar retreated, although China’s commitment to maintaining its strict zero-COVID policy dented the yuan. The fell 0.1%, coming close to breaching the 7.2 level against the dollar after President Xi Jinping said the country has no plans …
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