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Languages: English. You can reach Shane by emailing s.croucher@newsweek.com The Chinese economy is heavily reliant on exports, so a weaker yuan could help cushion the impact of Trump's tariff hike ...
Researchers with Qingdao's saltwater rice team led by “the father of hybrid rice” Yuan Longping, were recently successful in harvesting rice in Dubai's desert. H.H. Sheikh Mohammed bin Rashid Al ...
China's currency briefly slumped to a 17-year low Thursday on signs Beijing would allow a weaker yuan to counter sweeping US tariff hikes. The yuan slumped to as low as 7.351 against the dollar at ...
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 ...
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The Indian rupee declined to a three-week low on Wednesday, tracking the weakness in the Chinese yuan as sweeping U.S. tariffs came into effect, including a 104% levy on China, and fuelled worries of ...
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 ...
It was up 0.11% to 102.88. The People's Bank of China will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases, people with direct knowledge of the ...
In this context, China can intensify efforts to promote the internationalization of the renminbi on three fronts, Zhang said, including increasing the proportion of the yuan as a global commodity ...
[NEW YORK] 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 destabilising financial markets.
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.
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