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SHANGHAI, May 6 (Reuters) - China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out ...
HONG KONG: China’s yuan slipped against the US dollar on Wednesday after the central bank flagged interest rate cuts and a liquidity injection into the banking system, slowing the currency’s ...
The offshore yuan strengthened and broke past the 7.2 level against the US dollar for the first time since November, signalling an optimistic shift in market sentiment as hopes of a trade war thaw ...
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 ...
China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war ...
SHANGHAI: China’s yuan slipped against the dollar on Friday, as investors headed into the weekend fretting about US President Donald Trump’s capricious tariff policy that has dramatically ...
HONG KONG, - China's yuan strengthened to a one-month high against the U.S. dollar on Tuesday, recouping all the losses inflicted by the Trump administration's latest round of tariffs as Beijing ...
TOKYO -- The yuan has depreciated to the lowest level in a decade against the euro, setting the stage for low-cost Chinese goods to flood the European market and create trade frictions between the ...
China’s yuan has slumped to the lowest in more than a decade against the euro just as President Donald Trump’s tariff deluge threatens to re-route trade flows from the world’s second-largest ...
MUMBAI, May 6 (Reuters) - The Indian rupee is set to weaken at the open on Tuesday, mirroring losses in the offshore Chinese yuan, triggered by soft economic data and the daily central bank fix.
China is likely to defy expectations from some on Wall Street of big yuan devaluations against the dollar, opting instead to only moderately weaken the managed currency, according to Allan von Mehren.
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 ...