The yuan rebounded on Thursday as China eased the quota of corporates' foreign debt, a move that experts said has reassured the market of the authorities' readiness to utilize their ample policy reserves to safeguard the stability of the Chinese currency. Experts also said the yuan, also known as the renminbi or RMB, may further shake off its recent weakness and strengthen against the greenback in the second half of the year as China's economy is expected to outperform that of the United States while U.S. interest rate hikes will come to an end. On Thursday, the onshore yuan jumped by 386 basis points against the ... (full story)