Yuan slips on trade-war anxiety, yen jumps

Yuan slips on trade-war anxiety, yen jumps after wage data
The yuan fell on Wednesday as a new U.S.-China trade war dented Chinese markets returning from an extended Lunar New Year break, while the yen jumped against the dollar as traders raised their bets on Bank of Japan rate hikes this year.
China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined to do so.
Yuan Extends Loss With China Proxies as US Trade War Reignites
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life.Most Read from BloombergNew York’s First ‘Passive House
Yuan slumps on trade-war anxiety; yen jumps
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break, while the yen jumped on rising bets of further Bank of Japan (BOJ) rate hikes this year.
China May Loosen Grip on Yuan If Trump Reignites Trade War
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s tariffs go into effect.
Yuan Drops Amid Renewed U.S.-China Trade War as Yen Surges on BOJ Rate Hike Bets
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The dollar surged over 0.5% against the yuan to 7.2856, despite the Peoples Bank of China (PBOC) setting
Russia plans to boost yuan sales by 17% to support the rouble
Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting ...
HKMA plans to launch US$13.7 billion facility to support yuan-settled international trade
The HKMA said the facility would provide yuan funding to banks for trade finance using the onshore interest rate – the ...
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Convert Chinese Yuan To United States Dollar
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Chinese Yuan May Still Face More Downward Pressure
The yuan might still face more downward pressure, Maybank said, adding that China remains the only country that President Trump has allowed tariffs to take effect on, suggesting that China will still ...
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China allocates 50 mln yuan to support landslide relief in Sichuan
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Latest Dollar to Yuan Rate and Live USD/CNY Data
Q: What is the Dollar worth against the Yuan? A: One Dollar is worth 7.2895 Yuan today Q: Is the Dollar going up or down against the Yuan? A: Today's exchange rate (7.2895) is higher compared to ...
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Convert Chinese Yuan To Indian Rupee
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Shanghai's tech insurance premiums exceed 5b yuan, bolstering cutting-edge tech enterprises
Shanghai's technology insurance premiums reached 5.06 billion yuan ($690 million) in 2024, providing risk coverage of over 25 ...