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A flight from U.S. financial assets prompted by President Trump’s trade war is subsiding as the White House appears ...
China has been steadily working to elevate the international profile of the RMB. Though progress has been gradual, it carries ...
Whether the U.S. dollar will remain the world's reserve currency in the wake of President Donald Trump's trade war was a ...
Meetings of two of the world’s key multilateral organisations this week will be overshadowed by the prospect that the US will ...
The dollar has lost almost 10 percent of its value since Inauguration Day with more than half of that decline coming this ...
"The fact that the dollar is going down at the same time, I think, lends some more credibility to the story of investor ...
Inflation is yesterday’s news, it appears, and the currency’s fate is now driven by confidence and the uncertainties surrounding tariffs that are yet to affect prices.
as tensions from the escalating U.S.-China trade war shook currency markets. The onshore yuan ended domestic trading at 7.3498 per dollar — the lowest closing since December 2007. The currency ...
Photo: Photo: Angela Weiss/AFP/Getty Images The stock-market meltdown that accompanied President Trump’s intensifying trade war in recent weeks was unsettling enough. The fall in the dollar and ...
Chinese currency, yuan on Wednesday fell to its lowest value in the past 17 years against the US dollar. According to Reuters, the onshore yuan finished the domestic trading session on Wednesday at ...