{"id":131074,"date":"2025-06-13T09:30:08","date_gmt":"2025-06-13T09:30:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=131074"},"modified":"2025-06-13T09:30:08","modified_gmt":"2025-06-13T09:30:08","slug":"chinas-yuan-fixing-rate-hits-2-month-high-as-us-dollar-drops","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=131074","title":{"rendered":"China\u2019s yuan fixing rate hits 2-month high as US dollar drops"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank set the yuan\u2019s daily fixing against the US dollar at its strongest level in more than two months, as the greenback tumbled to a multi-year low amid expectations for more interest rate cuts from the Federal Reserve later this year.<br \/>\nOn Friday, the People\u2019s Bank of China set the yuan\u2019s midpoint rate \u2013 also known as the daily fixing rate \u2013 at 7.1772 per US dollar, its strongest showing since late March.<br \/>\nThe move came as the US dollar index plummeted to 97.61 on Thursday &#8211; a&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3314323\/chinas-yuan-fixing-rate-hits-two-month-high-us-dollar-drops?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank set the yuan\u2019s daily fixing against the US dollar at its strongest level in more than two months, as the greenback&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/131074"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131074"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/131074\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131074"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}