For the second consecutive day the Yuan is recovering some of the lost ground to the US Dollar. This is because the World Health Organisation believes the coronavirus hasn’t yet shown signs of mutating, which would make it more lethal. Officials from the WHO also stated their belief that the outbreak can be contained. This came as something of a relief at a time when some businesses are starting to notice the impact of lower levels of economic activity in China, due to the restrictions imposed on the circulation of people in some of the country’s main urban centres.
