Ben Zhou, CEO and founder of the crypto exchange Bybit, voiced a similar opinion on X, saying yuan depreciation tends to bode well for bitcoin. "China will try to lower RMB to counter the tariff ...

China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.

The offshore yuan fell to its weakest level on record after China eased its tight grip on the currency and the US pushed ahead with 104% tariffs on many Chinese goods. China’s offshore currency ...

The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the dollar in a break of their policy of pursuing a stable ...

On Monday, Beijing weakened yuan’s daily reference rate to just 0.03% away from 7.20 per dollar, a level closely guarded by authorities since the election of President Donald Trump in November.

MUMBAI, April 9 (Reuters) - The Indian rupee is set to decline at open on Wednesday following swings in the Chinese yuan prompted by US-China trade jitters, and as traders await the Reserve Bank ...

MUMBAI, April 8 (Reuters) - The Indian rupee is expected to depreciate further on Tuesday, tracking losses in the Chinese yuan after U.S. President Donald Trump threatened additional tariffs on ...

MUMBAI, April 9 (Reuters) - The Indian rupee, alongside its regional peers, was pegged back by a weaker Chinese yuan on Wednesday after U.S. President Donald Trump's "reciprocal" tariffs kicked in ...

Follow @KangHexin on X (The author is a Reuters Breakingviews columnist. The opinions expressed are their own.) The People’s Bank of China set the midpoint for the yuan’s trading band against ...

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Yuan Yang and Abtisam Mohamed were rejected because ... UK Foreign Secretary David Lammy criticised Ms Badenoch's comments, writing in a post on X: "It's disgraceful you are cheerleading another ...

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.