Yuan Fall: Why Is China's Currency Getting Weaker?

A drop in the value the yuan poses far-reaching consequences for markets and the US-China trade war.

Topics:  us-china   yuan   
BING NEWS:
  • China’s Offshore Yuan Falls to Lowest Since 2022 in Thin Trading
    The offshore yuan tumbled sharply on Tuesday, briefly falling to the lowest level against the US dollar in more than two years, before paring the decline.
    12/30/2024 - 9:27 pm | View Link
  • US-Listed Chinese Stocks Fall As China's Central Bank Keeps Key Rates Steady
    PBOC keeps benchmark LPR rates steady amid economic growth efforts and a weakening yuan. US-listed Chinese stocks trading lower.
    12/19/2024 - 10:44 pm | View Link
  • China’s yuan heads for weekly fall as yield gap with US widens
    SHANGHAI: China’s yuan was steady against the dollar on Friday, helped by firmer central bank guidance but was headed for a weekly decline as a widening yield gap with the United States and tariff ...
    12/19/2024 - 5:36 pm | View Link
  • A Glut of Coal in China Is Set to Push Falling Prices Even Lower
    China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further.
    12/18/2024 - 11:32 pm | View Link
  • China's central bank offers strongest yuan support since July after dollar gains
    The People’s Bank of China set the so-called fixing at the strongest bias since July versus the average estimate in a Bloomberg survey on Thursday ...
    12/18/2024 - 2:28 pm | View Link
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