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The Chinese yuan spiked against the US dollar on Monday in moves that were similar to the Japanese yen carry trade unwind.
Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
Friday 25 April 2025 1 CNY = 2306 IDR 2309 2311 CNY IDR rate for 25/04/2025 Thursday 24 April 2025 1 CNY = 2305 IDR 2311 2308 CNY IDR rate for 24/04/2025 Wednesday 23 April 2025 1 CNY = 2313 IDR ...
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USD/CNY: why is the Chinese renminbi imploding?The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this week and is nearing its 2007 high of 7.5 as concerns about trade wars ...
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Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
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Chinese insurance broker Yuanbao said on Thursday that it was targeting a valuation of up to $676.3 million in its U.S.
China’s central bank signaled its tolerance for yuan weakness yet again, after the currency sank to a record low in offshore trading amid escalating tariff threats from President Donald Trump.
The Indian rupee ended weaker on Tuesday, in line with regional peers that fell tracking the Chinese yuan, but potential ...
Polysilicon prices fell again this week amid weak market activity and elevated inventories, according to industry sources.
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