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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.
SHANGHAI: China’s yuan held steady against the US dollar on Tuesday even as markets grappled with the Trump administration’s back-and forth changes in tariffs. Since President Donald Trump ...
China’s yuan bounced off a 2007 trough against a broadly weaker dollar on Friday, but it slipped to a 19-month low against currencies of its major trading partners, as a trade row between the ...
HONG KONG (Reuters) - China's yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S. President Donald Trump unveiled a sweeping set of reciprocal tariffs ...
China raised the official yuan midpoint guidance for the first time in a week due to broad dollar weakness. The yuan is allowed to trade within a 2% band, and the new rate is stronger than market ...
China’s yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting its daily reference rate for the sixth straight session. The ...
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 ...
China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...
China's yuan hit its lowest against the dollar on Thursday since the global financial crisis, with the central bank cutting guidance for the sixth successive trading session amid an intensifying ...
The offshore yuan fell to its weakest level on record after China eased its tight grip on the currency and the US pushed ahead with 104% tariffs on many Chinese goods. China’s offshore currency ...
China is signaling it could be ready to talk over tariffs but the weakening of its currency is likely to anger President Donald Trump. Beijing on Wednesday called for dialogue with the U.S. In a ...
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