China's tightly controlled currency, the yuan, has slid by an unusually large margin after Beijing altered its exchange rate policy following a slump in trade.

Topics:  beijing   china's   yuan   
BING NEWS:
  • Yuan slides on report China considering weaker unit
    The move triggered drops in regional peers, with the New Zealand dollar falling to the weakest in more than two years, while the Australian dollar hit levels last seen in November last year.
    12/11/2024 - 11:00 am | View Link
  • Yuan Slides on Report China Considering Weaker Currency in 2025
    China’s yuan slid the most in a week following a report that Beijing is considering allowing the currency to weaken next year in response to the threat of a trade war with the US.
    12/10/2024 - 6:30 pm | View Link
  • China's yuan slides to 4-month low on tariff threats and mixed PMI data
    The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers' index (PMI) data raised concern China's economy might need additional policy support. The onshore yuan ...
    12/1/2024 - 8:46 pm | View Link
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