Yuan ends at 1-month high on hopes of trade dealUS 100 dollar banknotes and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, Jan 21, 2016. The spot market closed at 7.0669 yuan per dollar, the Chinese currency's strongest close since Sept 16. Earlier in the session the yuan had firmed to 7.0494 per dollar, its strongest in nearly two months. The partial deal between the United States and China would cover agriculture, currency and some aspects of intellectual property protections. A trader at a Chinese bank expects the yuan to trade in a range of 7.0 to 7.1 per dollar before the Trump-Xi meeting.

Source: Bangkok Post October 14, 2019 09:33 UTC