US dollar has ‘peaked’, China’s central bank… The yuan hit a two-week high against the US dollar after the US Federal Reserve said rate increases could be scaled…
Fed delivers big rate hike, signals possible… The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to…
China takes pragmatic approach to overseas yuan… The yuan’s internaional use is still dwarfed by the US dollar, but China is seeking to explore currency settlements…
China’s offshore yuan tumbles to lowest level… China’s offshore yuan fell as far as 7.2349 early on Wednesday, the lowest level since such data became available…
Wall Street Sees Biggest Bloodbath In 2 Yrs… New York: The higher-than expected inflation rate in the Consumer Price Index (CPI) data that was…
U.S. inflation slowed to 8.3% in August amid… Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight…
China walks a tightrope between more easing and… Depreciation pressure on the yuan may constrain China’s ability to expand monetary policy in the second half of the…
Capital outflow risk grows as China’s yuan… Analysts expect China’s yuan to fall further against the US dollar, which could accelerate capital outflows without…
Population, not yuan, to hurt China in fight… The yuan’s depreciation this year is mild compared to other currencies in the Asia-Pacific, but China’s population…
Why China’s weak yuan may not give it an export… The yuan breached 6.9 per US dollar for the first since August 2020 on Monday, but other Asian currencies have…