JUST IN: While the rest of the world tightens, China just set the yuan at its STRONGEST level since February 2023. The PBOC fixed the midpoint at 6.7807 per do...

JUST IN: While the rest of the world tightens, China just set the yuan at its STRONGEST level since February 2023.

The PBOC fixed the midpoint at 6.7807 per dollar, the strongest in 3.5 YEARS.

The yuan has gained nearly 4% against the dollar this year alone, falling from above https://t.co/9do7sc8G8Q