The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

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China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...

"We will resolutely prevent the risk of the exchange rate overshooting, ensuring that the yuan exchange rate remains generally stable at a reasonable, balanced level," the PBOC Governor Pan ...

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.

But while U.S. money markets are still pricing in two quarter-point rate cuts from the Fed this year, the inflationary cloud ...

Hypersensitive currency swings to this week's "stop-go" U.S. tariff threats suggest a persistent offset to the new ...

and thereby help stabilize the yuan's exchange rate, Wen said. The China Foreign Exchange Committee recently held a meeting in Beijing, stressing that China will unswervingly keep the RMB exchange ...

According to the Seoul foreign exchange market on the 6th, the won-dollar exchange rate started at 1,445.5 won, up 1.2 won from the previous trading day's weekly transaction closing price (as of 3:30 ...

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the ...

Chinese foreign-exchange regulators reiterated their pledge to defend the yuan, as the currency comes under renewed pressure amid prospects of U.S. trade tariffs. At a recent meeting, officials at ...