China's yuan falls against dollar, raising questions about weaker ...
Aug 17, 2023 · BEIJING (AP) — China’s yuan dipped briefly to a 16-year low against the dollar Thursday, raising questions about whether Beijing might weaken its currency to help struggling exporters and reverse a deepening economic slump.
Chinese yuan hits strongest level against dollar in over 16 months …
Sep 25, 2024 · China's yuan hit its strongest level in over 16 months on Wednesday after Beijing unveiled a slate of stimulus measures to shore up the slowing economy on Tuesday. The Chinese offshore yuan...
China’s Central Bank Beefs Up Support As Yuan Nears 16-Month …
Photo: Raul Ariano/Bloomberg News China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has fallen 1.3% against the dollar and is nearing a 16-month low.
Chinese yuan to hit record lows as U.S. tariff threat mounts ...
Nov 28, 2024 · Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, according to CNBC's calculation of forecasts from 13...
China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
Jan 3, 2025 · The yuan breached the psychological milestone of 7.3 per dollar for the first time since late 2023, amid concerns over China’s economic struggles and a widening bond yield discount to the US.
Yuan pressured by depreciation expectations; long-term yields fall …
Dec 12, 2024 · The yuan came under renewed pressure against the dollar on Thursday, giving up some initial gains as markets reflected on a Reuters report that China may weaken the yuan to weather the risk...
China Boosts Daily Yuan Support as Dollar Rally Threatens FX
2 days ago · China stepped up its support for the yuan as the managed currency weakened toward a policy no-go area — the edge of its allowed trading range against the dollar.
China steps in to stem yuan slide, shore up confidence
Jun 27, 2023 · China's monetary authorities took forceful action against a sliding currency for the first time in nearly eight months on Tuesday, with the country's state banks acting to put a floor under the...
Yuan Strengthens Past 7 Per Dollar for First Time Since May 2023
Sep 25, 2024 · Yuan Strengthens Past 7 Per Dollar for First Time Since May 2023. PBOC sets yuan reference rate in line with estimates; Central bank warned against one-way moves in yuan on Tuesday
China Sets Yuan Fix at Weakest Since 2023 Amid US Tariff Risk
Nov 7, 2024 · (Bloomberg) -- China slashed the daily reference rate for its currency to a level unseen since late 2023, a sign the central bank is allowing depreciation under the treat of trade tensions with the US under a Donald Trump presidency.