Tag: Chinese yuan
Chinese Yuan weakens to 7.0298 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan weakened 378 pips to 7.0298 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot ...
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China-U.S. trade dispute hits yuan exchange rate
The escalation of the trade war between China and the U.S. has badly affected the yuan exchange rate, Wang Chunying, spokewoman for China’s State Administration of Foreign Exchange said on Wednesday. Wang said in an interview ...
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