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 US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
While it has been difficult to interpret the PBOC's plans for the yuan, it has made every effort to contain the currency's weakness, so much so that it stays strong in trade-weighted terms.
The Chinese yuan is set to depreciate further against a stronger U.S. dollar — but the question of how far and how fast the yuan will fall largely depend on Beijing's desire to limit volatility ...
Hosted on MSN1mon
China Pushes Back Against Yuan Weakness After Last Week’s Slide(Bloomberg) -- China reaffirmed its support for the yuan after the currency’s slide ... defying speculation it would weaken the so-called fixing. In addition, a PBOC-backed newspaper said ...
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life. The offshore yuan slid as much as 0.3% while ...
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.
While it has been difficult to interpret the PBOC's plans for the yuan, it has made every effort to contain the currency's weakness, so much so that it stays strong in trade-weighted terms.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results