The Chinese yuan consolidated against the U.S. dollar in the morning Asian session but is likely supported by China’s robust economic data released earlier.
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USD/CNY rose on Monday as Chinas yuan weakened amid worries over an escalating global trade war and fresh signs of economic ...
BEIJING, March 12 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 pips to 7.1696 against the U.S. dollar Wednesday, according to the China ...
BEIJING, March 10 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 28 pips to 7.1733 against the U.S. dollar Monday, according to the China Foreign ...
HONG KONG: China’s yuan strengthened against the dollar ... said in a note. “But the recent USD decline gave the PBOC a sigh of relief in preserving FX stability,” he added.
USD/CNH is consolidating near recent lows around 7.2600. China boosts fiscal spending. In line with consensus, China raised ...
In response, China and Canada have said that retaliatory tariffs on the US would take effect on Tuesday, and Mexico is expected to follow suit.
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