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The yuan has depreciated to the lowest level in a decade against the euro, setting the stage for low-cost Chinese goods to flood the European market and create trade frictions between the two sides.
Meanwhile the spot yuan neared a 14-month high against the euro, as enthusiasm over the eurozone rescue plan faded. China and US reached agreements on Yuan exchange rate The Chinese Vice Commerce ...
Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian ...
The naira opened the week on a negative note against the dollar in the official foreign exchange market Latest data from the ...
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead ... are to safeguard ...
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.