The US move came on Monday, after the currency fell below 7 yuan to the US dollar for the first time since 2008. Beijing has previously sought to prevent the currency from slipping below the ...
China has long sought to increase the yuan’s undersized 2.2% share of global payments, but seemingly without being willing to open its capital accounts and allow the sort of free-flowing ...
The yuan, also called the renminbi ... the world needs to capture the opportunities and facilitate cross-border flow of fixed income products.” ...
SHANGHAI: China’s yuan weakened on Monday to a more than two-month low against the dollar, underpinned by signs ...