Is it worth investing in a growing yuan
The yuan reached a four-year high against the dollar on October 26, extending its longest series of gains since May 2026, with the Forex market now trading at 6.6 yuan/$. Since the beginning of the year, the indicator has lost 4.3%. The People’s Bank of China on October 26 set the exchange rate at 6.7162 yuan/$ – the highest since February 2, 2023, Reuters consensus estimate was 6.7659 yuan/$.
The yuan reached a four-year high against the dollar on October 26, extending its longest series of gains since May 2026, with the Forex market now trading at 6.6 yuan/$. Since the beginning of the year, the indicator has lost 4.3%. The People’s Bank of China on October 26 set the exchange rate at 6.7162 yuan/$ – the highest since February 2, 2023, Reuters consensus estimate was 6.7659 yuan/$.
