The onshore benchmark CSI 300 Index slid 1.1%. The offshore yuan fell as much as 0.4% to 7.2534 per dollar, the weakest in more than three months.

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 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.

Beijing can slow, not stop, the yuan’s fall Hudson Lockett November 18, 20242:59 AM PSTUpdated November 18, 2024 ...

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 ...

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.

The yuan, or renminbi as it is also known, has been languishing near 16-month lows against the dollar for days and has fallen for three straight years. It was near record highs of 6.3 per dollar ...

The onshore benchmark CSI 300 Index slid 1.1%. The offshore yuan fell as much as 0.4% to 7.2534 per dollar, the weakest in more than three months.