Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break ...
The Hong Kong Monetary Authority (HKMA) said it would launch a 100 billion yuan (US$13.7 billion) funding facility at the end ...
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 pips to 7.1706 against the U.S.
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
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China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Global currencies stabilized after a volatile session driven by President Trump's tariff suspension on Canada and Mexico.
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break ...
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