The Chinese currency (the yuan) will no longer be pegged to the U.S. dollar, but now will be linked to a “basket” of foreign currencies. Which currencies are in the basket was not ...

A weaker yuan could pummel currencies across Asia but there could be a silver lining for Governor Kazuo Ueda at the Bank of Japan which meets on Wednesday to decide whether to raise interest rates ...

The U.S.-China agreement to reduce reciprocal tariffs has lifted sentiment around the yuan, which is up 0.6% so far this month. In contrast, the Indian rupee has underperformed, declining 1.1%.

The spot yuan hit 7.3237 per dollar on Monday, its weakest level since September 2023, after breaching the key threshold of 7.3 per dollar for the first time since 2023 on Friday.

The onshore yuan fell to a 2024 low of 7.2304 in that move; there may have been a contested trade at 7.2400 that was subsequently cancelled.

A weaker yuan against the dollar may only give China’s exports a modest boost and Beijing will push to moderate the currency’s decline, according to UBS Group AG.

China's yuan briefly plunged as much as 1.4% against the US dollar on Wednesday when early results showed Trump in a competitive race with former Vice President Joe Biden, who had been favored to ...

Chinese Stocks, Yuan Fall on Trump Plans, Stimulus Letdown Trump’s potential cabinet picks hurt investor sentiment HSCEI gauge falls more than 3% in its worst day in a month ...

The Chinese yuan's smaller-than-expected_ decline_ Tuesday prompted analysts to wonder whether the central bank has reintroduced one of its heavier-handed tools for shoring up the currency, which ...