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China’s renminbi goes up against Wall Street bets
Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak economy has led ...
China steps up defence of renminbi against Wall Street bets
The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi ...
Cryptopolitan on MSN2d
Trump tariffs crash China’s economy to a 16-month low – BRICS allies are next
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
International Monetary Fund11y
Will the Renminbi Rule?
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
Invezz10d
USD/CNY analysis: will the renminbi to hit an all-time low in 2025?
The USD/CNY exchange rate held steady this week in a low-volume environment because of the New Year celebrations. The ...
International Monetary Fund7y
A Middle Ground
It decided to anoint the Chinese renminbi an elite global reserve currency. The renminbi was to join the select basket of currencies (previously comprising the US dollar, euro, Japanese yen, and ...
China’s currency hits 16-month low on Trump tariff fears
China’s currency has weakened to a 16-month low following strong US economic data overnight and as the potential for sharp ...
en.dahe12h
PBOC suspends treasury purchases after yield declines
The People's Bank of China, the central bank, announced on Friday that it will suspend open market treasury bonds purchase ...
Nairametrics2d
China’s currency hits 16-month low ahead of Trump’s inauguration
The Chinese Yuan weakened to a 16-month low on Wednesday, just ahead of the inauguration of US President-elect Donald Trump.