The yuan fell on Wednesday as a new U.S.-China trade war dented Chinese markets returning from an extended Lunar New Year ...
The value of the yuan has dropped for the ... raises them by a quarter point, how much further will it go? China may not want to start a currency war no one wants to do that, not explicitly.
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Analysis-Markets are betting China will let yuan fall as Trump takes power, but not muchThe world cannot take on a one-to-one adjustment in dollar-yuan against the tariff," said ... effort to contain the currency's weakness, so much so that it stays strong in trade-weighted terms.
China's yuan slumped to a record low in offshore trading on Monday, while Mexico's peso and Canada's dollar tumbled to ...
And the central bank issued a daily reference rate at a level much stronger ... The offshore yuan was trading around 7.356 per dollar in morning trading, around 0.1% stronger.
The world cannot take on a one-to-one adjustment in dollar-yuan against the tariff," said ... effort to contain the currency's weakness, so much so that it stays strong in trade-weighted terms.
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