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Chinas yuan jumps to 6-month high, breaches key threshold after Sino-US tariff truce
SHANGHAI, - China's yuan jumped to a six-month high against the dollar on Tuesday, breaching a key threshold, after Beijing and Washington agreed to pause their trade war while the central bank also ...
Offshore yuan gets a lift as market awaits outcome of US-China trade talks
With both China and the US reporting ‘progress’ in their first trade talks, the offshore yuan had strengthened to 7.22 per US ...
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Convert United States Dollar To Chinese Yuan
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China's yuan ends at six-month high as carry trades unwind
China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an ...
China’s Central Bank Nods to Yuan’s Strength on Tariff Reprieve
The People’s Bank of China on Tuesday elevated its reference rate for the Chinese yuan to surpass the key threshold of 7.2 per dollar for the first time since early April.
Dollar surges as U.S., China reach trade deal-Currency Recap
The U.S. Dollar ( DXY) rallied to over a one-month high on Monday after the United States and China agreed to a deal to slash ...
China ramps up global yuan push, seizing on retreating dollar
As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People ...
CNY: Still facing the threat of deflation – Commerzbank
"Yesterday's agreement between the US and China to dramatically reduce mutual tariffs for an initial period of 90 days should ...
US dollar expected to decline against major Asian currencies – Goldman Sachs
Goldman Sachs predicts a weaker U.S. dollar against Asian currencies, driven by policy shifts and yuan strength.