confusing the Chinese yuan symbol for the Korean won. If the price had been in Korean won, it would have only cost her around ...

China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that ...

SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to ...

Indeed, the yuan has since strengthened both onshore and offshore. Get top local stories in San Diego delivered to you every morning. Sign up for NBC San Diego's News Headlines newsletter.

The onshore yuan finished the domestic trading session at 7.3498 per dollar, its weakest close since December 2007. Sign up here. The declines come as a trade war between the world's two largest ...

(Bloomberg) -- China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial ...

around which it allows the yuan to trade, above market estimates, in a sign it aims to contain depreciation. Expectations that monetary easing will follow drove down Chinese bond yields.

China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...