Unless Beijing brings out the big stimulus, weakening the currency is the easiest way to offset Trump’s tariffs.

Anyone doing business with China quickly notices something strange: it has two official currencies. What's more, the two ...

Bybit’s co-founder and CEO, Ben Zhou, agreed, arguing that China will let the yuan weaken to counter the trade war. This ...

China has slowly been letting its currency, also called the yuan, depreciate in value. The People's Bank of China set its daily reference rate at the lowest level since Sept. 2023 and the offshore ...

The Indian rupee is expected to depreciate further on Tuesday, tracking losses in the Chinese yuan after U.S. President ...

Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The People’s Bank of China, the central bank, set its reference rate at 7 ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...