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China Lets Yuan Weaken
China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed currency to slump further amid a sluggish economy.
China’s yuan briefly hits weakest against dollar since Nov 2023
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, which traders say could
China Lets Yuan Weaken, Falling Below 7.3 Per Dollar
The onshore yuan breached the psychological milestone of 7.3 per dollar for the first time since late 2023, weakening past a level that China had been defending throughout December. Bloomberg MLIV's Nour Al Ali has more.
China’s Offshore Yuan Falls to Lowest Since 2022 in Thin Trading
The offshore yuan tumbled sharply on Tuesday, briefly falling to the lowest level against the US dollar in more than two years, before paring the decline.
3h
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
1h
Dollar holds near two-year high; yuan under threat
The dollar strayed not too far from a two-year peak on Monday as traders awaited a raft of U.S. economic data releases this ...
3d
on MSN
How does PBOC’s yuan fixing impact global FX markets?
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and ...
2h
A final goodbye for Xin Yuan
KAJANG: Sobs of grief and sorrow filled the halls of the Jing An Memorial Village here as family members and close friends ...
Hosted on MSN
10h
WTA Hobart Day 1 Predictions Including Yue Yuan vs Camila Osorio
WTA Hobart International is kicking off on Monday and it’s the last opportunity to gain some momentum ahead of the Australian ...
malaymail
19h
Remand extended for three suspects in murder of 15-year-old Yap Xin Yuan
The remand order on three suspects detained in connection with the discovery of the body of 15-year-old Yap Xin Yuan at RTB ...
20h
on MSN
Remand extended for murder suspects in Yap Xin Yuan case
KAJANG: The remand period for the three suspects involved in the murder of Yap Xin Yuan has been extended by five days.
2d
Big moves expected for crypto in Asia in 2025: Asia Express
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: ...
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