“Yuan rises as US lifts China’s currency manipulator label”
January 14, 2020
“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list.
The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days before US President Donald Trump and senior Chinese officials are expected to sign an initial trade deal.
Responding to the move Tuesday, Zou Zhiwu, deputy head of China’s customs authority, called the decision the “right choice.”…”
https://www.cnn.com/2020/01/13/investing/asian-market-latest/index.html