Your current location is:{Current column} >>Text

Yuan Surges After Report on Saudis Accepting Currency for Oil By Bloomberg

{Current column}99People have watched

IntroductionUS Dollar Chinese Yuan0.12%(Bloomberg) -- The Chinese yuan reversed earlier declines and jumped towa ...

Yuan Surges After Report on <strong>Ranking of Global Forex Dealers</strong>Saudis Accepting Currency for OilUS Dollar Chinese Yuan0.12%

(Bloomberg) -- The Chinese yuan reversed earlier declines and jumped toward its highs of the day following a report by Dow Jones that Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in the currency.

The offshore dollar-yuan pair fell to be down 0.1% on the day at around 6.3871, having earlier been as high as 6.4108. The onshore yuan also climbed. 

Yuan Surges After Report on Saudis Accepting Currency for Oil By Bloomberg

©2022 Bloomberg L.P.

Tags:

Related articles