The onshore yuan enjoyed a fruitful......>

CHINA DATA: The onshore yuan enjoyed a fruitful 2017, rising 6.3% against the

U.S. dollar for the whole year while moving within a range of 6.4350 to 6.9628,

according to Wind, a Shanghai-based financial data provider. It was the

strongest annual appreciation since 2008. The weak performance of the dollar

contributed to the yuan's rise, with the dollar index slumping 9.74%, its

biggest fall since 2003, and trading in a range of 91.01 to 103.82. The People's

Bank of China also gave support to the yuan after it threatened to break through

the 7-to-the-dollar mark at the end of 2016. The central parity rate, which the

PBOC uses to guide the direction of the yuan, rose 5.81% in 2017, the biggest

gain since 2008. Meanwhile the offshore yuan also had a robust year,

appreciating 6.46% while trading in a range of 6.4440 to 6.9860.