Stories Tagged as
Yuan
Why the U.S. dollar is so strong right now
Aug 29, 2022
The dollar index hit a 20-year high in European trading, the result of the Fed's rate hikes and the relative strength of the U.S. economy.
Here are some reasons why China's currency is sinking
Oct 10, 2018
One U.S. dollar today is worth about 9.92 Chinese yuan. That’s down nearly 10 percent from where it was last spring. That drop has the attention of Treasury Secretary Steven Mnuchin, who said Wednesday he wants to make sure China is not doing “competitive devaluations.” That’s when a country seeks an advantage by making its […]
Decline of China’s currency lessens bite of U.S. tariffs
by
Amy Scott
Aug 2, 2018
The trade story of the day is actually more of a currency story. As you know, the Trump administration has proposed another round of tariffs on some $200 billion worth of Chinese products — ranging from tobacco to dog food to plywood. Now, the president is threatening to more than double the size of that tariff […]
Where do the U.S. and China go from here?
Apr 13, 2017
Trump refrains from calling China a currency manipulator.
Surprise. China is not a currency manipulator
Dec 5, 2016
Donald Trump has repeatedly said the opposite. Here's why he's wrong.
China tries new measures to restore growth
Feb 29, 2016
The world's second-largest economy has announced fresh steps to stem decline.
For public good, not for profit.
BBC Roundup: Migrants break Greek border fence, India boosts farming
by
Donna Tam
Feb 29, 2016
There’s lots of turmoil overseas, particularly with the refugee crisis in Europe and trouble in the markets. But there is one bright spot in recent news — India’s economy continues to grow. Here’s a look at today’s global news from the BBC: Migrants take down barbed-wire fence at Macedonia, Greek border Migrants at the border […]
Why China is selling our treasury bonds
by
Andy Uhler
Oct 13, 2015
The same data show the Chinese are privately investing in American bonds.
Many factors at play in the devaluation of yuan
Aug 14, 2015
The biggest? A seal of approval from the International Monetary Fund.