China's currency, pent up inside the country's borders for decades, is emerging as a hot property in global foreign-exchange markets, just months after Beijing allowed the yuan to be bought and sold outside the mainland for the first time.
Offshore Yuan Trading Takes Off
WSJ.com: What's News US, Wall Street Journal
Mon, 12/13/2010 - 6:01pm
BING NEWS:
- Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.
11/28/2024 - 1:12 am | View Link - New US tariffs could push Chinese yuan to decades-low levels: analysts explain why
Analysts predict that new US tariffs, potentially reaching 60% on Chinese imports, could drive the yuan to its weakest level in decades, posing significant challenges for Chinese authorities striving ...
11/27/2024 - 6:13 pm | View Link - China and Japan are dumping US Treasuries
China and Japan are ditching US Treasuries like never before. In the third quarter of 2024, Japan sold a staggering $61.9 billion of US government debt—the ...
11/25/2024 - 5:31 pm | View Link - China Draws a Red Line for the Yuan as Trump Risks Return
A line in the sand is starting to emerge for the yuan, as China tightens its grip on a currency that is facing fresh tariff threats from US President-elect Donald Trump. Most Read from BloombergNew ...
11/25/2024 - 3:39 pm | View Link - China's yuan slides to four-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an ...
11/25/2024 - 1:30 pm | View Link - More
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