Tag: China's yuan

Aussie dollar up on hopes of US-China trade deal, sterling holds gains

"Investors are ready to celebrate any form of a U.S.-China trade deal, even a limited one" China's yuan was stable after hitting a three-week...

Yuan slides to 11-year low as trade war rattles investor confidence

LONDON: China's yuan fell to an 11-year low in the onshore market and a record low offshore on Monday after the latest escalation in the...

China’s yuan, stocks slump as trade dispute escalates

SHANGHAI: The Chinese yuan slumped to a fresh 11-year low against the dollar on Monday and stocks fell in the wake of fresh salvos in...

China’s yuan sinks to weakest in 11 years amid trade tension

SHANGHAI: China's currency slid on Monday to its weakest point in more than 11 years as concerns over the US trade war and the potential...

Yuan inches up, state banks seen offering support via forwards

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint, but investors were cautious ahead of...

Yuan inches up as investors await central bank rate clues from Jackson Hole

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint, but investors were cautious ahead of...

China’s yuan wraps up worst week in over a year, weakest domestic close since 2008

SHANGHAI: China's yuan inched down against the dollar on Friday as nervous traders awaited Beijing and Washington's next moves in their bruising tariff dispute, but...

China’s yuan slips, on track for worst week in more than a year

China's yuan, the focus of attention this week, weakened slightly on Friday and was on track for its biggest weekly loss since June 2018 after...

Yuan slips as trade tensions build, state bank support slows decline

SHANGHAI: China's yuan weakened on Wednesday, weighed by an escalation in Sino-U.S. trade tensions and the central bank's move to set its official midpoint at...

China’s yuan drops, stocks tumble after Trump’s tariff blow

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after U.S. President Donald Trump slapped fresh tariffs on China citing a lack...