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The Chinese yuan's value against its major trading partners fell close to a two-year low on Friday, reflecting the central ...
adding that this will continue to pressure Asian currencies. The yuan’s recent weakness has been also driven by “worse-than-expected economic data and rate cut,” they added. Stocks also sold ...
The yuan’s status as a global currency still faces a huge obstacle in the form of China’s own capital controls. Even so, rising willingness to conduct trade in yuan could help insulate China ...
Question: Why don’t we let the yuan trade like other currencies? Even now, the yuan has an 20 percent or higher edge on other currencies because of the existing rules. Paul Solman: Now ...
Asian currencies are set to take divergent paths after a collective rally against the dollar, as investors navigate trade uncertainty and growth concerns about the world’s top two economies.
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