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The Chinese renminbi hit an 18-year low on Thursday as the currency became a serious flashpoint in trade tensions between the ...
The US-China trade war centers on the dollar/renminbi exchange rate, with China’s massive USD debt creating systemic risks.
SINGAPORE] South-east Asia has long caught a cold when the US dollar sneezes, but these days, currency watchers are just as alert to the renminbi’s sniffles. Read more at The Business Times.
China’s currency has weakened to its lowest level since 2007 in the latest sign Beijing is willing to tolerate gradual ...
The USD/CNY exchange rate rose to a high of 7.30 this week, its highest point since February as the trade war escalated. It ...
Argentina will be able to tap another $5 billion from China in a deal announced Thursday, easing some pressures on the South ...
The first daily fix for the renminbi’s dollar trading band this week reveals much about China's thinking in the short-term ...
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
The USD/CNY exchange rate rose to a high of 7.3495, its highest level since 2008. It has jumped by over 16% from its lowest ...
Chinese money is referred to by two names: the Chinese yuan (CNY) and renminbi (RMB), which translates to “People’s Currency.” The distinction between CNY and RMB is subtle. RMB is the ...
Sterling Gilts and US Treasuries rebounded on Thursday following earlier across the curve weakness that was incongruous with the then-global bid for government bonds, but the risk of episodic bouts of ...
US-China trade tensions and potential yuan devaluation may trigger capital flight into Bitcoin, says BitMEX co-founder Arthur ...