Yuan Set To Extend Decade-Long Win Streak Into Lunar New Year

The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Lunar New Year.Companies typically step up dollar‑to‑yuan conversions before the country's holiday season, said Li Liuyang, chief foreign‑exchange analyst at China International Capital Corp., who forecasts a continued climb into the February break. Crédit Agricole CIB and Malayan Banking Bhd offered similar projections, as the yuan is poised to a ...