The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The USD/CNY exchange rate was trading at 6.8365, its lowest level since April 2023. It has dropped in the ...
Technical analysis suggests that the Chinese yuan has more gains. The USD/CNY exchange rate continued its strong downward ...
Tim Geithner’s decision to delay the US Treasury Department’s biannual report on international economic and exchange rate policy, originally scheduled for release on April 15, probably helped avert a ...
The Chinese yuan is trading around 7.1251 against the dollar, edging 0.04% higher on the day, as renewed US–China trade frictions, domestic deflation, and monetary policy divergence continue to shape ...
The US Dollar to Chinese Yuan (USD/CNY) exchange rate held steady around 7.1163, with the yuan maintaining a narrow range as markets assess China’s policy stance and trade outlook. RBC said Chinese ...
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