China's yuan slides to four-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of ...
BEIJING, Nov. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 88 pips to 7.1894 against the U.S. dollar Thursday, according to the China Foreign ...
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
"The slide in the yuan's value reflects the negative expectations of the world towards China-U.S. relations after the recent ...
China's 2024 box office revenue is at 40 billion yuan (5.56 billion U.S. dollars) as of Wednesday, according to film data ...
Jabaz Mathai of Citi sees further upside for the U.S. dollar, especially against China's weakening economy. He says further ...
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