Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile economy.
Chinese assets have had a terrible year—but China’s currency is gaining ground as an international payments option. The yuan’s status as a global currency still faces a huge obstacle in the form of ...
The Chinese yuan topped the US dollar as the most traded currency in Russia during February and March, according to Bloomberg data. February marked the first month ever that the currencies flipped, ...
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Yuan set to extend surge against rupee, analysts say
India's retail inflation is on an upward trajectory, while China has seen bouts of consumer-price deflation, keeping its real effective exchange rate competitive despite the yuan's advance.
Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The People’s Bank of China, the central bank, set its reference rate at 7.2038 ...
BofA Global Research sees the onshore yuan likely ending the third quarter at 6.7 per dollar rather than 6.8 as previously expected.
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