Yuan to Dodge Seasonal Slump on Iran War Resilience, Economy

China’s yuan is poised to defy its typical second-quarter slump as the nation’s resilience to the Iran war and a burgeoning economic recovery offset seasonal pressures.

By Jacob Gu, Ran Li · Bloomberg Markets

China’s yuan is poised to defy its typical second-quarter slump as the nation’s resilience to the Iran war and a burgeoning economic recovery offset seasonal pressures.