News

Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual ...
The escalating trade conflict between the U.S. and China has reignited fears that Beijing could use financial markets to hit ...
Currency markets have struggled all year to decide whether Washington's trade war is good or bad for the U.S dollar. Beijing ...
China is likely to defy expectations from some on Wall Street of big yuan devaluations against the dollar, opting instead to ...
China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record ...
China’s central bank signaled its tolerance for yuan weakness yet again, after the currency sank to a record low in offshore ...
China is letting the yuan weaken against almost all major currencies to support its teetering economy as a trade war with the ...
China is signaling it could be ready to talk over tariffs but the weakening of its currency is likely to anger President ...
Treasury Secretary Scott Bessent played down a selloff in US Treasuries, saying that there was nothing systemic at play, and ...
The onshore yuan dropped to 7.3192 to the U.S. dollar on Monday, the lowest in four months. In response, the Indian rupee ...
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President ...
Bybit’s co-founder and CEO, Ben Zhou, agreed, arguing that China will let the yuan weaken to counter the trade war. This ...