{"id":135145,"date":"2025-08-25T04:14:28","date_gmt":"2025-08-25T04:14:28","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=135145"},"modified":"2025-08-25T04:14:28","modified_gmt":"2025-08-25T04:14:28","slug":"chinas-yuan-fixing-rate-hits-9-month-high-after-dovish-pivot-by-us-fed-chair","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=135145","title":{"rendered":"China\u2019s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank has set the yuan\u2019s daily reference rate against the US dollar at the strongest level in more than nine months, as bets on rate cuts by the Federal Reserve are growing following a dovish pivot by its chair, Jerome Powell.<br \/>\nOn Monday, the People\u2019s Bank of China set the yuan\u2019s midpoint rate \u2013 also known as the daily fixing rate \u2013 at 7.1161 per US dollar, its strongest showing since early November.<br \/>\nCompared with 7.1321 in the previous release, Monday\u2019s fixing also marked the&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3323017\/chinas-yuan-fixing-rate-hits-9-month-high-after-dovish-pivot-us-fed-chair?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 has set the yuan\u2019s daily reference rate against the US dollar at the strongest level in more than nine months, as&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\/135145"}],"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=135145"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135145\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135145"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}