(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...
SHANGHAI: China's yuan fell to a one-month low against the dollar on Wednesday, before recouping early losses, as markets held their breath for U.S. President Donald Trump's announcement of tariff ...
“The yuan exchange rate could be faced with near-term depreciation pressure with additional tariffs effective,” Citi analysts said in a note. “A (political) deal, if it rolls back additional ...