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The move comes amid negotiations between Beijing and Washington after US President Donald Trump sent shock-waves across the ...
The depreciating yuan will put increasing pressure on India given the South Asian nation’s expanding trade deficit with China and the growing similarity in the two countries’ export profiles ...
MUMBAI (Reuters) - India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact of U.S. tariffs, multiple sources aware of the ...
He believes China is doing this on purpose to keep its exports competitive. India may also feel the heat. A weak Yuan makes Chinese goods cheaper globally, which means Indian exports may look ...
China's yuan hit a 19-month low against the US dollar ... The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind.
The offshore yuan in China sank to an all-time low on Tuesday, dropping as much as 0.5 percent to 7.3848 per U.S. dollar in New York trading. The drop comes after the People’s Bank of China on ...
SHANGHAI/SINGAPORE (Reuters) -As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China was seizing a moment of ...
When China’s home-grown ARJ21 regional jet was delivered to Indonesian airline TransNusa in May, the leasing deal was carried out using the yuan, with the arrangement hailed as a milestone in ...
HONG KONG (Reuters) - China's yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S. President Donald Trump unveiled a sweeping set of reciprocal tariffs ...
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