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CN / The Yuan Wild Card Just Got Wilder

The Yuan Wild Card Just Got Wilder
As of last Friday, the Chinese yuan depreciated to a 15-year low against the dollar, to close last week at 7.3640 ($0.1358) on the USDCNY exchange rate. The U.S. stock market generally has a negative correlation with the yuan, albeit not a perfect one. Read More
Posted: Sep 11 2023, 21:25
Author Name: Seeking Alpha
Views: 110685

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By Seeking Alpha
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Soft consumer confidence and property-market woes are playing a large role in the slowdown of China's economy. We believe that recently unveiled measu more_horizontal

The Yuan Wild Card Just Got Wilder

By Seeking Alpha
September 11, 2023

The Yuan Wild Card Just Got Wilder

As of last Friday, the Chinese yuan depreciated to a 15-year low against the dollar, to close last week at 7.3640 ($0.1358) on the USDCNY exchange rat more_horizontal

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By Market Watch
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Chinese germanium makers jump after China restricts exports of chip minerals

Shares of Chinese germanium producers hit the daily upward limit early Tuesday on news that Beijing imposed export controls on gallium and germanium, more_horizontal


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