{"id":141241,"date":"2025-11-26T05:10:10","date_gmt":"2025-11-26T05:10:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=141241"},"modified":"2025-11-26T05:10:10","modified_gmt":"2025-11-26T05:10:10","slug":"china-sets-strongest-yuan-fix-in-over-a-year-as-fed-cut-bets-rise","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=141241","title":{"rendered":"China sets strongest yuan fix in over a year as Fed-cut bets rise"},"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 a year, with analysts expecting room for appreciation should a December rate cut by the US Federal Reserve weaken the dollar.<br \/>\nThe People\u2019s Bank of China set the yuan\u2019s midpoint rate, also known as the daily fixing rate, at 7.0796 to the US dollar on Wednesday \u2013 the strongest showing since October 2024.<br \/>\nThe decision followed a 0.34 per cent rally in the offshore yuan on Tuesday,&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3334178\/china-sets-strongest-yuan-fix-over-year-fed-cut-bets-rise?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 a year, with&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\/141241"}],"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=141241"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/141241\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=141241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=141241"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=141241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}