Yuan Fall: Why Is China's Currency Getting Weaker?

A drop in the value the yuan poses far-reaching consequences for markets and the US-China trade war.

Topics:  us-china   yuan   
BING NEWS:
  • Investor reactions to briefing from China's finance ministry on stimulus
    China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks' capital as it ...
    10/11/2024 - 4:47 pm | View Link
  • Chinese yuan strengthens to 7.0731 against USD Friday
    BEIJING, Oct. 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 11 pips to 7.0731 against the U.S. dollar Friday, according to the China Foreign ...
    10/10/2024 - 4:08 pm | View Link
  • 3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley
    "Which currency would you want to own when global stock markets start to fall, and the global economy tends to head ... will keep the dollar's top-dog status in financial markets: China's yuan, which ...
    10/10/2024 - 7:04 am | View Link
  • Chinese yuan weakens to 7.0742 against USD Thursday
    The central parity rate of the Chinese currency renminbi or the yuan weakened 174 pips to 70742 against the US dollar Thursday according to the ...
    10/9/2024 - 3:29 pm | View Link
  • ‘Complete bust’: China’s desperate $850b stimulus move as economy tanks
    For the past several weeks, the investment world has been agog at the wildest rally since 2008 in Chinese equities.
    10/9/2024 - 1:52 am | View Link
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