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China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...
China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war ...
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
hina's yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting guidance for the sixth successive trading session against a ...
HONG KONG, April 9 — China’s yuan ended at its weakest level in more than 17 years today after its offshore counterpart fell to a record low overnight, as an escalating Sino–US trade war rattled ...
Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...
After soundly beating the RTX 5070 with the Radeon RX 9070 XT in March 2025, AMD is now reportedly gearing up to offer a new budget gaming GPU that takes aim at the Nvidia GeForce RTX 5060 Ti.
Some talk of finding ways to exacerbate the situation, perhaps by strengthening the yuan. This would be quite a gamble. By the time inflation had picked up in America, Chinese industry and supply ...
The Indian rupee, alongside its regional peers, was pegged back by a weaker Chinese yuan on Wednesday after US President Donald Trump's "reciprocal" tariffs kicked in, opens new tab, including a ...
The yuan was last 0.4% higher at 7.3955 in the offshore market, having sank more than 1% in the previous session and hitting its weakest level on record at 7.4288 per dollar in volatile trade.
China’s central bank on Wednesday weakened the yuan’s daily reference rate for a fifth straight session. The move came after the offshore yuan on Tuesday slumped to the weakest level since the ...
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