Yuan slips on trade-war anxiety, yen jumps
Yuan Drops Amid Renewed U.S.-China Trade War as Yen Surges on BOJ Rate Hike Bets
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The dollar surged over 0.5% against the yuan to 7.2856, despite the Peoples Bank of China (PBOC) setting
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the ...
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
The yuan eased on Thursday after China sought the World Trade Organization's intervention to rule on new tariffs imposed by U ...
The yuan might still face more downward pressure, Maybank said, adding that China remains the only country that President Trump has allowed tariffs to take effect on, suggesting that China will still ...
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...
China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January.
HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion ...
Shanghai's technology insurance premiums reached 5.06 billion yuan ($690 million) in 2024, providing risk coverage of over 25 trillion yuan, according to a report released by the Shanghai Municipal ...
Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting ...
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