Tag: US Dollar/Chinese Renminbi FX Spot Rate
China's yuan jumps to 16-month high, state banks step in to curb gains
Close up of Chinese Yuan notes, with Mao Tse-tungPeter Dazeley | The Image Bank | Getty ImagesChina's yuan rose to its strongest level...
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
Investors watch computer screens displaying stock price figures at a stock exchange hall.Jiang Sheng | Visual China Group | Getty ImagesIt's getting late...
The Chinese yuan could be the next 'carry trade' to unwind. Here's what to watch for
The Chinese yuan could be the next currency to watch after the dramatic unwind of the Japanese yen "carry trade" this week, according...
The yuan's status as a global currency might be gaining ground. But top CEOs see more hurdles to clear
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26,...
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee |...
'Chaotic period' for Asian currencies: Financial institution of America will not be bullish on any of them
A Japanese 1,000 yen banknote sits on a pile of South Korean received banknotes for an organized {photograph} at a Woori Financial institution...