The Chinese yuan pushed higher on Thursday, with the currency hitting its strongest level since March 2016 against a broad basket of peer currencies. The yuan grew 0.2% to 98 points against a group of 24 exchange rates, topping its previous peak from 2018. The currency gained as much as 0.3% to 6.3943 per US dollar, the highest since June 2018. Also on rt.com US stimulus money all going to China – Max Keiser The People’s Bank of China hasn’t taken regulatory steps to control the currency’s appreciation trend this week. The regulator opted to track moves
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