China's yuan set for longest weekly winning streak in 13 years - News Summed Up

China's yuan set for longest weekly winning streak in 13 years


SHANGHAI (Feb 13): China's yuan dipped on Friday, but is set for a 12th week of gains in its longest winning streak in 13 years, as exporters rushed to bring home receipts from booming trade ahead of the Lunar New Year. Some analysts also see the rising yuan and China's buoyant stock market feeding each other, but say the central bank has enough tools up its sleeves to forestall the currency appreciating too quickly. For the week, the yuan has gained roughly 0.4% in its best weekly performance this year. Trading typically thins ahead of the Spring Festival holiday, but the stock market has held at a relatively high level "without pulling back", the brokerage said in a report. "The recent strength in yuan's exchange rate is contributing to the stock market resilience."


Source: The Edge Markets February 13, 2026 07:23 UTC



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