CNY: Safe-haven role grows with stronger yuan – Societe Generale | FXStreet
Societe Generale analysts highlight that CNY strength has resumed, with USD/CNY nearing 6.80 for the first time in three years as China-linked tankers transit the Strait of Hormuz. They argue the Yuan is acting as a regional safe haven, supported by China’s energy resilience and policy backing, even as domestic credit growth slows and 10-year…