China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the ...
The People's Bank of China set the so-called fixing at 7.2038 against the dollar on Tuesday, the first time since September 2023 that the reference rate breached 7.20. The closely watched threshold is ...
Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The ...
The onshore yuan weakened against the dollar in the Asian session as China loosened its grip on the Chinese currency.
The Africa Export-Import Bank (Afreximbank) has raised 2.2 billion renminbi ($299.90 million) through its first issuance of a Chinese panda bond, it said on Tuesday, charting a path for other African ...
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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.
President Donald Trump's 10% baseline tariffs on US trading partners around the world came into effect on Saturday.While the baseline charge has kicked in, higher duties on some countries - which ...
In a world already suffering from stubborn and successive trade crises, Trump's tariff policies act like adding fuel to the fire. For over five years, ...
Pro-growth currencies like the Australian and New Zealand dollars were not spared in the market rout that battered risk assets and wiped out nearly $6 trillion in value from U.S. stocks last week, on ...