×

Currencies Chinese Yuan

  • BEIJING, Feb 24- China said on Friday it had no intention of using currency devaluation to its advantage in trade, responding to U.S. Trump said in an interview with Reuters on Thursday he had not "held back" in his assessment that China manipulates its yuan currency, just hours after his new treasury secretary pledged a more methodical approach to analysing...

  • China a currency manipulator? Mnuchin says not just yet

    CNBC's Eunice Yoon on China's response to President Trump calling the country the "grand champions" of currency.

  • Executive Edge: China's currency reforms

    China denies it is what President Donald Trump calls a "grand champion" of currency manipulation and indicates it looks forward to working with Treasury secretary Mnuchin, reports CNBC's Eunice Yoon.

  • MSCI's emerging market benchmark fell 0.4 percent with bourses in Hong Kong, South Korea, Russia and South Africa down more than half a percent. China's yuan joined the falls, unfazed by President Donald Trump ratcheting up the rhetoric again and declaring Beijing the "grand champions" of currency manipulation. Meanwhile Beijing said it had no intention of...

  • BEIJING, Feb 24- China said on Friday it has no intention of using currency devaluation to its advantage in trade, responding to an assertion from U.S. Trump said in an interview with Reuters on Thursday he had not "held back" in his assessment that China manipulates its yuan currency, just hours after his new Treasury secretary pledged a more methodical approach to...

  • *Yuan flat after Trump calls China "grand champions" of FX manipulation. TOKYO, Feb 24- Asian shares took a breather on Friday, slipping from 1-1/ 2- year highs as material shares were hit by sudden falls in copper and other commodity prices while investors assessed Washington's stance on tax and currency policies. European shares are expected to be soft, with...

  • Workers assemble Kia Motors Corp. Forte vehicles during the inauguration of the company's production plant in Pesqueria, Mexico, on Wednesday, Sept. 7, 2016.

    U.S. President Donald Trump’s protectionist tone will likely hand China significant soft power on trade deals, economists said.

  • *Yuan flat after Trump calls China "grand champions" of FX manipulation. TOKYO, Feb 24- Asian shares took a breather on Friday, slipping from 1-1/ 2- year highs as material shares were hit by sudden falls in copper and other commodity prices while investors assessed Washington's stance on tax and currency policies. And he has said a strong dollar is in U.S. interests, "...

  • *Yuan flat after Trump calls the China "grand champions" of FX manipulation. President Donald Trump called China "grand champions" of currency manipulation. Over the past month or so, financial markets have been buffeted by rising protectionism under the Trump administration, and the President's latest comments on China does little to raise confidence on trade...

  • WASHINGTON, Feb 23- President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices. In an exclusive interview with Reuters, Trump said he has not "held back" in his assessment that China...

  • The U.S. dollar fell against a basket of major currencies on a perceived lack of progress on U.S. tax reform and public spending.

  • China 'propping currency up, not pushing it down': Pro

    John Rutledge, Safanad CIO, and Leland Miller, China Beige Book International, talk about whether China is manipulating its currency.

  • Yuan currency China

    China has labored under outflows the past couple years, but bond-market reforms could reverse the current, Goldman said in a note Wednesday.

  • The dollar index erased earlier gains after Fed meeting minutes showed the next interest rate increase could be soon.

  • As President Donald Trump pursues an "America First" agenda aimed at reversing chronic trade deficits with China, Mexico, Germany and other major trading partners, some are concerned his administration could back away from pledges to maintain an open global trading system. "I believe the Trump administration will try to leverage the IMF and the G20 to help...

  • In a phone call with Lagarde, the spokesperson said, Mnuchin also "noted the importance that the administration places on boosting economic growth and jobs in the United States, and looked forward to robust IMF economic policy advice on its member countries and tackling global imbalances." The conversation comes as officials from the Group of 20 major...

  • The dollar rose broadly on Tuesday after two Fed policymakers pointed to the potential for US interest rates to rise next month.

  • The euro recovered some ground against the dollar after talks aimed at finding a leftist unity candidate for France's election showed little sign of progress.

  • SHANGHAI, Feb 20- China tweaked its formula for setting daily reference midpoints for its yuan currency on Monday, three sources with direct knowledge of the matter said, in what was seen as authorities' latest move to help curb speculation in the currency. Global attention on China's exchange rate policy has intensified since its foreign exchange reserves...

  • The yen rose against major currencies as concerns about the upcoming French elections kindled safe-haven demand for the Japanese currency.