{"id":132035,"date":"2025-07-01T03:59:59","date_gmt":"2025-07-01T03:59:59","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=132035"},"modified":"2025-07-01T03:59:59","modified_gmt":"2025-07-01T03:59:59","slug":"why-chinas-yuan-is-forecast-to-keep-strengthening-against-the-us-dollar","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=132035","title":{"rendered":"Why China\u2019s yuan is forecast to keep strengthening against the US dollar"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostMarket optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US dollar amid a stronger-than-expected domestic economy and growing concerns over US debt sustainability.<br \/>\nOn Tuesday, the People\u2019s Bank of China set its daily reference rate at 7.1534 per US dollar \u2013 strengthening from Monday\u2019s 7.1656, and the strongest level since early November.<br \/>\nIn June, the onshore yuan appreciated by 0.41 per cent against the greenback, bringing&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3316463\/why-chinas-yuan-forecast-extend-gains-against-us-dollar-through-2025?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 PostMarket optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US dollar amid a stronger-than-expected&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\/132035"}],"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=132035"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132035\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132035"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}