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exchange rate

  • Chinese Yuan Fluctuates, Depreciation Pressure Deepens
    Chinese Yuan Fluctuates, Depreciation Pressure Deepens
    The RMB will depreciate further as the CCP may “monetize the fiscal deficit” of the state.
    April 10, 2024BY Bin Zhao and Lynn Xu
  • Global Markets Brace for Major Depreciation of Yuan Against Dollar
    Global Markets Brace for Major Depreciation of Yuan Against Dollar
    News Analysis Global markets are bracing for a significant devaluation of the Chinese yuan, as its depreciation shows ...
    February 28, 2024BY Julia Ye and Sean Tseng
  • The Value of China’s Yuan Is Lower Than You Think
    The Value of China’s Yuan Is Lower Than You Think
    Yuan depreciation would affect not only the economy but also ripple throughout China's political and social structure
    February 26, 2024BY Pinnacle View Team
  • There Is Still No Way for Argentina to Get Out of Its Financial Difficulties
    There Is Still No Way for Argentina to Get Out of Its Financial Difficulties
    Commentary Argentina’s new president announced a shock therapy. The first eye-catching change was to devalue the official peso ...
    December 21, 2023BY Law Ka-chung
  • State-Owned Banks Dump Stocks of Dollars to Rescue Yuan as Chinese Economy Deteriorates
    State-Owned Banks Dump Stocks of Dollars to Rescue Yuan as Chinese Economy Deteriorates
    As the Chinese renminbi (or interchangeably the yuan) exchange rate moved toward weakening, China’s state-run banks were scrambling ...
    August 21, 2023BY Jessica Mao and Lynn Xu
  • China’s Yuan Breaks Key Level of 7 Against US Dollar as Exports Tumble
    China’s Yuan Breaks Key Level of 7 Against US Dollar as Exports Tumble
    China's latest official import and export figures fell short of expectations, with exports falling in May. After "breaking ...
    June 13, 2023BY Kathleen Li, Ellen Wan and Angela Bright
  • Yuan Depreciation Won’t Help China Exports
    Yuan Depreciation Won’t Help China Exports
    Commentary The latest China data continue to show an overall downtrend, although some rebound is seen. The domestic ...
    October 26, 2022BY Law Ka-chung
  • China’s US Debt Holdings Drop to 12-Year-Low, Further Reductions May Follow
    China’s US Debt Holdings Drop to 12-Year-Low, Further Reductions May Follow
    China’s holdings of U.S. debt dropped to the lowest since 2010 after falling below the $1 trillion mark ...
    August 26, 2022BY Kathleen Li
  • Behind China and Hong Kong’s Different Responses to US Interest Rate Hikes
    Behind China and Hong Kong’s Different Responses to US Interest Rate Hikes
    News analysis Amid soaring inflation, mainland China and Hong Kong central banks chose to respond in opposing ways ...
    July 3, 2022BY Kathleen Li
  • Chinese Yuan Fluctuates as US Election Votes Get Counted
    Chinese Yuan Fluctuates as US Election Votes Get Counted
    The value of the Chinese yuan fluctuated dramatically on Nov. 4 as votes were being counted for the ...
    November 4, 2020BY Nicole Hao
  • Exchange-Rate and Weak-Dollar Fallacies
    Exchange-Rate and Weak-Dollar Fallacies
    Commentary It seems like a long time ago now, but last month, just before the dawning of the ...
    February 11, 2020BY Mark Hendrickson
  • Beijing Sets Currency to Weakest Level Since 2008 as Trade War Deepens
    Beijing Sets Currency to Weakest Level Since 2008 as Trade War Deepens
    After the United States designated China as a currency manipulator, the Chinese regime on Aug. 8 set the ...
    August 8, 2019BY Cathy He
  • Yuan-to-Dollar Rate Breaks Key Benchmark, Escalating Trade War
    Yuan-to-Dollar Rate Breaks Key Benchmark, Escalating Trade War
    The Chinese yuan has breached a key seven-per-U.S. dollar exchange rate on Aug. 5, for the first time ...
    August 5, 2019BY Nicole Hao
  • Hong Kongers Suggest New Way of Protesting Extradition Bill: Exchanging Savings into US Dollars
    Hong Kongers Suggest New Way of Protesting Extradition Bill: Exchanging Savings into US Dollars
    Hong Kong netizens recently encouraged each other to exchange their money into U.S. dollars as much as possible ...
    June 14, 2019BY Nicole Hao
  • US Treasury Declines to Label China a Currency Manipulator, Warns on Practices
    US Treasury Declines to Label China a Currency Manipulator, Warns on Practices
    While the semiannual report stopped short of labelling China a currency manipulator, it carried an implicit warning to ...
    October 22, 2018BY Lin Yan
  • These Numbers Reveal China’s Capital Flight Is Accelerating
    These Numbers Reveal China’s Capital Flight Is Accelerating
    But it's not China that's selling
    June 16, 2015BY Valentin Schmid
  • Europe Trips Go on Sale as Currency Plunges
    Europe Trips Go on Sale as Currency Plunges
    So what’s a good deal in Europe? If you just want to enjoy raw culture and European flair, ...
    January 27, 2015BY Valentin Schmid
  • US Economic Report Criticizes China’s Currency Policy
    US Economic Report Criticizes China’s Currency Policy
    The Obama administration said Wednesday that China's currency remains "significantly undervalued," but it stopped short of citing China ...
    October 15, 2014BY Martin Crutsinger
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    2hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    3hr By Jacki Thrapp
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    4hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    4hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    6hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    7hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    7hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    11hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    12hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    18hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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