Tag: yuan
Yuan Devaluation to Accelerate
Chinese policymakers are at a crossroads as the word around them crumbles and surging debt levels create unique risks for the economy. At the...
China Volatility Sends Global Markets Crashing
Global stock prices collapsed on Thursday and oil prices fell to their lowest level in more than a decade after renewed volatility in China...
Dollar Rebounds as Retail Sales Accelerate
The US dollar rebounded against a basket of world currencies on Thursday, as retail sales rose faster than forecast in July, suggesting consumer spending...
Dollar Index Plunges as Yuan Selloff Intensifies
China's unexpected decision to devalue the yuan rattled the currency markets again on Wednesday, fueling concerns of further devaluation by the central bank. As a result, the...
