The gap between the yuan’s value in mainland China and trading hubs like Hong Kong has started to widen, a sign that foreign investors who can access the offshore market could be growing more bearish on the Chinese currency.

Sections:  world   
Topics:  asia   
RELATED ARTICLES
BING NEWS:
  • China's Moves Away From US Dollar Hit New Milestone
    China continues to offload U.S. treasuries while buying up gold and other commodities in what some analysts say is a move to hedge against future reprisals.
    05/19/2024 - 5:09 pm | View Link
  • Materials Up as Gold, Copper Hit Records on Weak Dollar -- Materials Roundup
    Producers of metals and other raw materials rose as U.S. dollar weakness generated record highs in metals prices. Gold and copper futures rose to their highest closing levels in history, as ...
    05/17/2024 - 10:35 am | View Link
  • Nuclear Option Has Foreign Central Banks Dodging the Dollar and Going for Gold
    When Russia was cut off from SWIFT in 2022, that was just seen as this like watershed move, the sort of finance equivalent of a nuclear option.” ...
    05/17/2024 - 12:00 am | View Link
  • Dollar rebounds on high US import prices
    The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail sales turned flat, which pulled forward expectations for rate cuts in the world's ...
    05/16/2024 - 7:01 am | View Link
  • Dollar rebounds after falling on weaker US inflation, yen ticks up
    The dollar found a footing on Thursday after falling sharply on Wednesday on the back of data showing a slowdown in U.S. inflation, while Japan's yen inched higher after jumping the previous day.U.S.
    05/16/2024 - 12:31 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News