RMB depreciation 2023
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China
https://www.bbvaresearch.com
RMB to USD exchange rate has cumulatively depreciated by 8% in 2023, amid expectation change of the US FED hike path. Look forward, we predict ...
Chinese yuan's depreciation pressure against dollar is ...
https://www.reuters.com
It is down more than 5% on the greenback year-to-date and is the one of the worst performing Asian currencies in 2023. But against a basket of ...
Yuan's depreciation trend likely over; Chinese currency's ...
https://www.bofit.fi
The yuan strengthened against the US dollar last month as part of a larger trend of the dollar losing ground against major currencies. The USD/ ...
China's Currency Slide Adds to Its Economic Headaches
https://www.barrons.com
The yuan's depreciation has multiple drivers. Below-expectations growth is one. Another is that in 2023, the People's Bank of China has been ...
Weakening yuan could be what China needs
https://asia.nikkei.com
Any drastic depreciation of yuan could risk exacerbating the capital outflows. ... yuan compared to the second half of 2023. I am not ...
Yuan devaluation isn't worth the trouble
https://www.reuters.com
The Chinese renminbi has weakened 1.9% against the U.S. dollar this year. The onshore exchange rate on May 13 hit 7.2332 per dollar to trade 1.8 ...
China's Yuan Hits a 2023 Low After Central Bank Cuts Key ...
https://www.wsj.com
The currency has depreciated more than 5% since the start of this year, and HSBC analysts said the yuan could face more headwinds if China's run ...
CNY
https://corporate.nordea.com
USDCNY has risen to an upper bound of the trading band, and the CNY is facing depreciation pressure. Officials have communicated that they ...
Risk of a renminbi devaluation is real
https://www.ft.com
In 2023, at $65tn, they were 20 times as large. This cannot go on without limit, and eventually, following Stein's law, the renminbi will be ...
Chinese Yuan - Quote - Chart
https://tradingeconomics.com
The CFETS RMB Index measures the value of yuan against a basket of 24 major currencies, with weights based on international trade and has an end-2014 base year.