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This is mainly because of the ongoing trade war with the United States and the weakening of the Chinese currency, the Yuan. Yuan at 17-Year Low On Wednesday, the Chinese Yuan dropped to its lowest ...

China will have to respond to underpin the economy with the yuan close to 19-year lows. The consensus is that China will opt for gradual yuan depreciation rather than a on-off devaluation ...

Languages: English. You can reach Shane by emailing [email protected] The Chinese economy is heavily reliant on exports, so a weaker yuan could help cushion the impact of Trump's tariff hike ...

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.

Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...

SINGAPORE/HONG KONG – China’s yuan dipped to a fresh 19-month low against the US dollar on April 8 after its offshore counterpart fell to a record low overnight, as investors fretted about an ...

In this context, China can intensify efforts to promote the internationalization of the renminbi on three fronts, Zhang said, including increasing the proportion of the yuan as a global commodity ...

[NEW YORK] 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 destabilising financial markets.

The Indian rupee, alongside its regional peers, was pegged back by a weaker Chinese yuan on Wednesday after US President Donald Trump's "reciprocal" tariffs kicked in, opens new tab, including a ...

The yuan was last 0.4% higher at 7.3955 in the offshore market, having sank more than 1% in the previous session and hitting its weakest level on record at 7.4288 per dollar in volatile trade.

A clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] By disrupting global trade and triggering recession risks, the United States' new tariff push may have ...