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👤Lisa Harris
🕔August 22, 2016
- Yuan trades beyond fixed midpoint range
- Rising mainland debt levels fear
The Chinese yuan weakened on Monday as the US dollar gained momentum all over the world, despite the Dollar Index last week showing a record low for the dollar against a basket of major currencies.…
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👤Arthur Greene
🕔August 4, 2016
A poll conducted by Reuters forecasts the yuan sliding more than 3% against the USD in the period of 12 months starting now, mostly the result of the Chinese economy’s recent battle to sustain momentum and also a direct consequence of the steady growth recently shown by the dollar as it anticipates an eventual Fed rates hike.…
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