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China’s central bank set the fixing rate for the yuan against the US dollar at its lowest level since January on Thursday, as the Chinese currency came under pressure following US President ...
2 economy with the biggest-ever tariff hike. The People’s Bank of China set the yuan’s reference exchange rate at 7.1889 per dollar Thursday, 735 pips stronger than the average estimate in a ...
BEIJING - The People's Bank of China, the country's central bank, on Monday said that it conducted outright reverse repos worth 800 billion yuan ($111.45 billion) in March to maintain ample ...
China’s yuan weakened past a key threshold to a new two-month low against the US dollar on Friday before steadying as exporters rushed to settle their foreign exchange receipts and lock in profits.
SHANGHAI: China's yuan fell to a one-month low against the dollar on Wednesday, before recouping early losses, as markets held their breath for U.S. President Donald Trump's announcement of tariff ...
Zhejiang, China — Smartly dressed, 42-year-old businessman Qian Weiguang gets out of his black Mercedes van, eager to check on the status of operations. He's just driven an hour from his ...
SHANGHAI: China’s yuan inched higher from a three-week low against the dollar on Monday, as markets awaited clarity from US President Donald Trump’s reciprocal tariff plan with some economists ...
(Bloomberg) -- China’s bond selloff is creating pockets of opportunity for foreign investors, who can swap dollars for more attractive yuan-denominated short-term bank debt — and inadvertently ...
China’s consumer inflation dropped far more than expected to fall below zero for the first time in 13 months, an assessment skewed by seasonal distortions but also a sign of deflationary ...
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