Stories Related to China's Currency Just Hit Its Weakest Point Against The Dollar In Almost A Year

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:
  • New US sanctions force end of dollar and euro trading on Russia’s main exchange
    New US sanctions against Russia have caused an immediate suspension of trading in dollars and euros on the country’s leading financial marketplace, the Moscow Exchange.
    06/12/2024 - 10:53 pm | View Link
  • Dollar slips on cooler US inflation; yen fragile ahead of BOJ
    Asian currencies were firm on Thursday against a dollar knocked by softer-than-expected U.S. inflation, save for the yen which remained squeezed ahead of a Bank of Japan meeting and as U.S.
    06/12/2024 - 2:07 pm | View Link
  • Fed meeting and US inflation data in focus as dollar pauses for breath
    The dollar dropped on Wednesday after data showed that consumer prices in May rose less than economists expected, but pared losses after updated interest rate projections by Federal Reserve officials ...
    06/12/2024 - 8:00 am | View Link
  • Dollar hits four-week high ahead of US inflation report
    The dollar hit a four-week high on Tuesday, ahead of a highly anticipated inflation report that is likely to influence the timing of the first rate cut by the U.S. Federal Reserve, while the euro was ...
    06/11/2024 - 7:29 am | View Link
  • Asia FX weakens as rate fears boost dollar; yuan at weakest in 6 months
    Investing.com-- Most Asian currencies weakened on Wednesday, with the Chinese yuan touching its weakest level in six months as persistent fears of high U.S. interest rates kept traders biased towards ...
    05/28/2024 - 5:01 pm | 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