yuan, Dollar
Dollar Weakens as the Yuan Rallies on Chinese Stimulus Measures
The dollar is under pressure today after China boosted stimulus measures, which fueled a rally in the yuan to a 16-month high against the dollar. The dollar extended its losses today after the Conference Board’s US Sep consumer confidence index unexpectedly declined.
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
Dollar-yuan moved below ¥7 and the Hang Seng reached above 20,000 on 26 September after a very strong improvement in ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
BEIJING, Sept. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 253 pips to 7.0101 against the U.S. dollar Friday, according to the China Foreign ...
Russian banks and companies are increasingly choosing Kazakhstan for currency operations needed to conduct payments with ...
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Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
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