Yuan could weaken to 7.5 against USD in 2025, but it will be 'lower beta' compared to other Asia currencies: Strategist
Vishnu Varathan from Mizuho Bank says Australian Dollar and Korean Won would be hit hard if there is China demand shocks on ...
Business Recorder1d
China’s yuan nears key threshold, set for third straight yearly loss in 2024
SHANGHAI: China’s yuan hovered near a 13-month low in holiday-thinned trading on Thursday, not far from breaching ...
China’s Overseas Investment Adds to Cash Exodus Weighing on Yuan
Chinese firms from carmakers to miners are ramping up their overseas spending, adding to pressure on the yuan amid an ...
Rupee slips to all-time low pressured by weak yuan, importer dollar bids
The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar ...
Yuan’s fall would be a gift to Bank of Japan
Chinese leaders are discussing the possibility of letting their currency weaken to blunt the impact of potential U.S. trade ...
China's yuan nears 13-month low amid falling bond yields
CHINA's yuan hovered near a 13-month low against the U.S. dollar on Tuesday, pressured by bond yields near record-lows amid a ...
China revises up 2023 GDP by 3.37t yuan, as census offers ‘clearer’ picture of economy
China's National Bureau of Statistics (NBS) on Thursday revised the country's GDP to about 129.43 trillion yuan ($17.73 ...
Exchange Rates20h
US Dollar to Yuan Forecast: 7.2369 in Three Months
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
Business Times4d
China’s Nio unveils 788,000 yuan EV to take on Porsche, Mercedes
CHINESE electric car maker Nio started sales of its most expensive car as it seeks to double deliveries in 2025 and ...