Economists says China's central bank will now try to stop the yuan weakening much past 6.5 per dollar
The cuts followed a shock devaluation in the yuan two weeks ago
Sliding prices for Southeast Asia’s commodity exports coincide with a yuan devaluation and the prospect of higher U.S....
Adding to that febrility is the resurgent dollar being lifted by expectations of looming US interest rate hikes.
The damage is everywhere
It "appears to be intervening heavily.”
Japan was on guard against any attempts by China to manipulate the yuan to give its exports a competitive advantage,...
'The devaluation is reasonable since many countries competing with Vietnam in export have devalued their currency'
Letting the yuan slide may have a limited impact on growth
The holdings are still more than triple those of any other nation
Stocks slid the most in more than three months as a weaker currency hit bank and consumer stocks
As Chinese products become cheaper, Vietnamese manufactures will struggle in both local and foreign markets
The higher fixing for the yuan came after the China's central bank reassured financial markets by pledging to seek...
It was nonsense to believe that government expected the yuan to fall that far, said Vice-governor Yi Gang of...
“The magnitude is small but the impact is outsized because China had been such a strong source of currency stability.”