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Why does China have two currencies?Anyone doing business with China quickly notices something strange: it has two official currencies. What's more, the two names are often used interchangeably: the Yuan (CNY) and the people’s renminbi ...
Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The ...
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China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic ...
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The treasury secretary went on to say that China's efforts to drive down the relative value of its currency ... tech and money news that matters to you. We've added you to our mailing list.
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