China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
HONG KONG: China’s yuan hovered near a three-week low against the dollar on Tuesday, as US President Donald Trump’s latest ...
This sends a signal that China is unlikely to counter the impact of tariffs through yuan depreciation,” said Ding Shuang, chief Greater China economist at Standard Chartered Bank. “The trade ...
From the pricing of yuan forwards to interest rate derivatives and analysts' forecasts, indications are that China is already permitting a slow depreciation of the yuan to adjust to a broadly ...
"In a short period, regulators have repeatedly sent the policy signal of yuan stabilization, aimed at preventing any excessive accumulation of short-term depreciation expectations," said Wang Qing ...
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...
This has added to depreciation pressure on numerous emerging market currencies, with the Chinese yuan as no exception. Many investors viewed China as one of the main losers from a Trump return ...
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