A clerk counts yuan bank notes and US dollar bills at ... However, the renminbi's recent depreciation was influenced by a strong dollar. The dollar index rose 0.7 percent to reach a maximum ...
China will try its best to avoid a rapid yuan depreciation because it views the value of yuan versus the US dollar as almost a proxy of China's economic soundness. The yuan-dollar exchange rate ...
adding that the bank has a “well-equipped toolbox and extensive experience” in dealing with the yuan’s depreciation. Shan Hui, chief China economist at Goldman Sachs, said in a Sunday report ...
The depreciation of the yuan makes it more expensive for international buyers to purchase dollar-denominated commodities, including agricultural commodities. The strength of the dollar against key ...
Chinese financial authorities are well-positioned to amplify policy adjustments to fend off any excessive yuan depreciation, signaled by the upcoming central bank bill issuance in Hong Kong ...
The depreciation of the yuan can fuel China's trade surplus, as it did in 2018, due to higher-for-longer Fed rates. The strength of the dollar can enhance China's geopolitical advantage ...