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Enterprises are growing more keen on using the yuan in the settlement of international payments – a trend emerging as the safety and credibility of US assets are questioned, according to survey ...
The cost to borrow the offshore yuan in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the Chinese currency even as the dollar weakens. The one-month Hong ...
Looking for an outlet to release her energy, Sophia Gu decided to try out for the High School for Dual Language and Asian Studies badminton team her freshman year. “I gave it a shot, but I ...
With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this ...
Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that ...
SHANGHAI: China’s yuan slipped to the weakest level in a week against the dollar on Tuesday as traders remained wary about the economic risks of an escalating trade war between the world’s two ...
SHANGHAI: China’s yuan hovered near a more than two-week high against the dollar on Monday, although uncertainty surrounding Sino-US trade tensions restricted the currency’s upside potential.
MUMBAI, April 22 (Reuters) - The Indian rupee ended weaker on Tuesday, in line with regional peers that fell tracking the Chinese yuan, but potential portfolio inflows into local shares helped the ...
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg ...
The offshore yuan languished near record lows struck overnight in early trading on Wednesday, as investors fretted about intensifying Sino-US trade tensions and the impending 104 per cent tariffs ...
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
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