China Leaves Interest Rates Unchanged Amid Yuan Weakening and Trade Policy Uncertainty The People’s Bank of China (PBOC) has kept its benchmark …
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Tag:
yuan
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Business
Weakening yuan tests Beijing’s resolve amidst Trump tariff threats.
by Tim McBrideby Tim McBrideCHINESE YUAN’S ORDERLY DECLINE TESTS BEIJING’S WILL A weak Chinese yuan has become an increasing concern, as the offshore yuan has lost …
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SHANGHAI/HONG KONG – China announced plans to strengthen its currency on Monday, aiming to boost the yuan and improve capital flows by …
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Business
Hong Kong to Expand Yuan Trade Finance and Bond Connect Schemes
by Curt Heenanby Curt HeenanHong Kong to Launch New Yuan-Denominated Trade Finance Scheme and Expand Bond Connect Program Hong Kong will launch a new yuan-denominated trade …
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Business
Asia FX sells off as US imposes export curbs on China, hitting yuan to 1-year low.
by Tim McBrideby Tim McBrideAsian Currencies Extend Decline as China’s Yuan Hits One-Year Low Asian currencies continued to experience a decline on Tuesday, with the Chinese …
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Business
Chinese yuan hits new lows as US tariff threats escalate, say investment banks.
by Tim McBrideby Tim McBrideChinese Currency Hits Record Lows Amid US-China Tariff Threats China’s currency, the offshore yuan, is forecasted to hit record lows this year …