Dollar slips and yuan soars as investors eye Biden presidency

  • Date: 09-Oct-2020
  • Source: The National
  • Sector:Economy
  • Country:Gulf
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Dollar slips and yuan soars as investors eye Biden presidency

The dollar drifted toward a small weekly loss on Friday, while the Chinese yuan soared to a 17-month high, as investors wagered on a Joe Biden presidency and on more US stimulus spending.

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