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    Was China's stimulus a big deal?
    "Judging by the financial market reaction, those announcements were actually bigger than market expectations," said Carol Kong, a currency strategist at Commonwealth Bank of Australia, noting China's stimulus measures particularly benefited currencies with strong links to the Chinese economy like the Australian and New Zealand dollars.

    Euro firms against dollar, yuan jumps on China's stimulus boost

    msn.com
    Why is the Yuan strengthening?
    To be sure, the yuan has been strengthening recently, and this trend is not all thanks to China. The US Federal Reserve announced a big interest rate cut last week. This is putting pressure on the US dollar, because rate cuts mean yields in dollar assets would be falling.

    The Chinese yuan surged to a 16-month high, but Beijing may not be h…

    news.yahoo.com
    Will China's stimulus package hurt exports?
    China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong yuan could hurt exports, a key pillar of China's economy, amid weak domestic demand.

    The Chinese yuan surged to a 16-month high, but Beijing may not be h…

    news.yahoo.com
    Why did China's Yuan hit its strongest level in 16 months?
    China's yuan hit its strongest level in over 16 months on Wednesday after Beijing unveiled a slate of stimulus measures to shore up the slowing economy on Tuesday. The Chinese offshore yuan strengthened briefly to 6.9946 per dollar, the strongest since May 2023.

    Chinese yuan hits strongest level against dollar in over 16 months as inv…

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  3. Markets Insider
    https://markets.businessinsider.com/news/...

    China Economy: Chinese Yuan Hits 16-Month High on Aggressive …

    Tags:
    Chinese yuan
    Stimulus
  4. Reuters
    https://www.reuters.com/markets/currenci…

    China's yuan surges to 16-month peak on new …

    WEB1 day ago · NEW YORK, Sept 24 (Reuters) - China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures ...

    Tags:
    Stimulus
    Reuters
  5. Bloomberg
    https://www.bloomberg.com/news/articles/2024-09-25/...

    CNY USD: Yuan Rallies Past 7 Per Dollar After China Stimulus …

  6. CNBC
    https://www.cnbc.com/2024/09/25/chinese-yuan-hits...

    Chinese yuan hits strongest level against dollar in over 16 months …

    Tags:
    Chinese yuan
    Beijing
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