China's yuan finishes domestic session at highest in two weeks

  • 7/29/2021
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SHANGHAI, July 29 (Reuters) - China’s yuan finished Thursday’s domestic trading session at its strongest level in two weeks, as sentiment improved after a rebound in China’s equity market. The onshore spot yuan ended the domestic session at 6.4628 per dollar, up 0.43% from the previous late night close, and was the firmest since July 15. Traders said investor worries over risks of sharp capital outflows following sell-offs in Chinese stocks eased on Thursday, after a series of official efforts to shore up investor confidence. Reporting by Winni Zhou and Andrew Galbraith; Editing by Kevin Liffey Our Standards: The Thomson Reuters Trust Principles.

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