The yuan gained 1.1 percent against a weaker-than-expected inflation reading . The dollar fell to 81.6537, with the central bank gaining some strength overnight .
The yuan gained 1.1 percent against a weaker-than-expected US inflation reading on Thursday, with the dollar falling to 81.6537, with the central bank gaining some strength overnight, according to Carol Kong, the first Deputy Managing Director of the International Monetary Fund.The dollar is now up 1.1 percent against a falling dollar after the Fed's dovish minutes, which showed that China's zero-COVID approach has had a significant effect on