The Chinese yuan consolidated against the U.S. dollar in the morning Asian session but is likely supported by China’s robust economic data released earlier.
The U.S. dollar hovered close to a five-month low against its major peers on Monday, pressured by President Donald Trump's ...
Donald Trump's second presidency is having a dramatic impact on currencies around the world, though not in the way investors ...
China's yuan pared some earlier gains against the dollar on Tuesday after fresh U.S. tariffs on Chinese goods kicked in, ...
0605 GMT — The yuan weakens slightly against the dollar in offshore and onshore markets as traders await China’s National People’s Congress meeting slated to be held this week. The meeting ...
The Australian dollar, often used as a liquid proxy for the yuan, was a touch weaker at $0.6247, though was still clinging on to its 0.47% overnight gain. Its New Zealand counterpart last fetched ...
The yuan internationalization index reached 5.02 at the end of 2020, a sharp increase of 54.2 percent from the previous year, making it No.3 among international currencies.
The conversion ratio - a gauge that measures households and corporates' willingness to sell dollars for yuan - fell to the lowest level in seven months. Xinquan Chen, an economist at Goldman Sachs, ...
US PRESIDENT Donald Trump said on Monday (Mar 3) that he told leaders of Japan and China they cannot continue to reduce the value of their currencies as doing so would be unfair to the United States.
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