The offshore yuan headed for the strongest quarterly performance in more than four years as Chinese policy makers talked up the currency, intervened in the market and choked the supply of cash to burn speculators. The intensified efforts have begun to show results, with banks including JPMorgan Chase & Co. and China International Capital Corp. raising their year-end forecasts for the yuan. Stratton Street Capital, whose flagship bond fund has beaten 99 percent of 14,000 fixed-income funds tracked by Bloomberg worldwide, said it expects the currency to be supported by the nation’s current-account surplus, the central bank’s efforts to burn bearish speculators and foreign inflows into the...
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