KM Financial Solutions | WRAPUP 1-China’s yuan hits 4-1/2-mth high, shares jump on trade deal
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WRAPUP 1-China’s yuan hits 4-1/2-mth high, shares jump on trade deal

WRAPUP 1-China’s yuan hits 4-1/2-mth high, shares jump on trade deal

China’s yuan jumped to a more
than four-month high against the U.S. dollar and Chinese shares
surged on Friday after Reuters reported the United States and
China agreed to reduce existing tariffs and delay new ones due
to take effect this weekend.

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