Search For "china yuan"
Yuan sinks to 19-month low as China loosens currency grip
Updated : 11 months, 2 weeks ago IST
China's yuan hit a 19-month low against the US dollar after the central bank set a weaker reference rate, signalling a possible shift in its currency strategy amid rising trade tensions with Washington.
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Chinese yuan faces increased risk after trump's return to White House: Rep
Updated : 1 year, 4 months ago IST
A significant drop in the yuan could send a negative signal to global investors, suggesting deeper problems in China's economy,
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China National Bank's exposure to China fell below one trillion yuan; rati
Updated : 2 years, 1 month ago IST
The Financial Supervisory Commission announced today that in 2023 At the end of December, the total exposure of domestic banks to China fell below the trillion yuan mark, and the ratio of exposure to net value dropped to 22.7 per cent, a new statistical low.
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China's stocks hit nine-month lows as Chinese yuan weakens
Updated : 2 years, 7 months ago IST
As China's currency continues to weaken, Chinese stocks hit nine-month lows and the yuan tumbled on Monday as the authorities' efforts to revive demand failed to inspire investors, reported Channel News Asia.
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Falling yuan jitters Chinese government: Analysis
Updated : 2 years, 9 months ago IST
The tightly controlled Chinese yuan has crossed the closely scrutinised 7-per-dollar level and fallen to multi-month lows.
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China's "yuan diplomacy": A new form of debt trap
Updated : 2 years, 11 months ago IST
News reports suggested that China has now been trapping African nations into debt and as part of "forgiving" that debt China wants them to use the Chinese CBDC the Digital Yuan for all international commerce, trade and finance payments. By doing so, China has been establishing the Digital Yu
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Chinese yuan weakens to 6.7543 against USD
Updated : 3 years, 8 months ago IST
Beijing [China], July 25 (ANI): The Chinese currency renminbi, or the yuan, weakened 21 pips to 6.7543 against the US dollar on Monday, according to the China Foreign Exchange Trade System.
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Chinese yuan weakens to 6.7287 against USD
Updated : 3 years, 8 months ago IST
Beijing [China], July 12 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 327 pips to 6.7287 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System.
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China's economy hit hard by return of COVID-19
Updated : 3 years, 10 months ago IST
Beijing [China], May 23 (ANI): China, which once boasted of a robust defence against COVID-19 pandemic, is now hit hard by the return of the virus.
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China's Yuan expected to weaken further amid COVID lockdown
Updated : 3 years, 10 months ago IST
Beijing [China], May 12 (ANI): China's Yuan is expected to weaken further over the coming weeks as signs emerge that China's central bank is preparing further interest rate cuts to prop up the faltering economy.
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China's currency hits 18-month low against USD
Updated : 3 years, 10 months ago IST
Beijing [China], May 10 (ANI): China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the USD, the lowest figure since October 30, 2020.
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Chinese yuan weakens to 6.3653 against US dollar
Updated : 4 years, 1 month ago IST
Beijing [China], February 9 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 84 pips to 6.3653 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
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