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Investors piled up bullish bets on Asian currencies, including the yuan, as easing U.S.-China tariff tensions, new trade ...
Investing.com - The U.S. dollar edged marginally higher Wednesday, helped by upbeat economic data, but gains are limited as ...
China's yuan weakened slightly against the U.S. dollar on Wednesday. The drop came after the People’s Bank of China (PBoC) ...
The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from ...
Amid erratic US trade policies, Asian governments are looking for alternatives for reserves, payments and settlements, giving the yuan an opening In the aftermath of the 2008 global financial crisis, ...
China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...