Yuan slips on trade-war anxiety, yen jumps

Yuan slips on trade-war anxiety, yen jumps after wage data
The yuan fell on Wednesday as a new U.S.-China trade war dented Chinese markets returning from an extended Lunar New Year break, while the yen jumped against the dollar as traders raised their bets on Bank of Japan rate hikes this year.
China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined to do so.
China Maintains Yuan Support Via Daily Fixing Amid Trade War
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the depreciation pressure on the yuan.
Yuan Drops Amid Renewed U.S.-China Trade War as Yen Surges on BOJ Rate Hike Bets
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The dollar surged over 0.5% against the yuan to 7.2856, despite the Peoples Bank of China (PBOC) setting
Yuan slumps on trade-war anxiety; yen jumps
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break, while the yen jumped on rising bets of further Bank of Japan (BOJ) rate hikes this year.
Yuan Extends Loss With China Proxies as US Trade War Reignites
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life.
Russia plans to boost yuan sales by 17% to support the rouble
Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting ...
China's central bank conducts 697b yuan reverse repos to inject liquidity into the market
In order to offset the impact of concentrated maturities of reverse repos in the open market and to keep liquidity in the banking system at an adequate level, the People's Bank of China (PBC), the ...
Asharq Alawsat (English) on MSN1d
Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide
"A European Central Bank (terminal rate) repricing down to 1.50%, with the Fed (policy path) unchanged, would take the ...
Business Times13h
Huawei chairman says 2024 revenue exceeded 860 billion yuan
HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion ...
China Internet Information Center16h
China's Spring Festival holiday box office hits record high of 9.51 billion yuan
China's film industry set a new record during the 2025 Spring Festival holiday, as the box office for the period from Jan. 28 ...
Forbes1d
Convert Chinese Yuan To United States Dollar
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
ThePrint17h
Rupee depreciation due to stronger USD, India should also monitor INR-yuan rate: Arvind Virmani
NITI Aayog member Arvind Virmani has said the recent depreciation of the rupee is due to the strengthening of US dollar and opined that in this period of global uncertainty, India should also look at ...