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Search Result for “exchange”

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BUSINESS

Yuan’s slump puts Asia’s rate-cutting central banks on alert

Published on 05/08/2019

» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

BUSINESS

Yuan devaluation boosts Chinese shares

AFP, Published on 11/08/2015

» HONG KONG - Asian shares were mixed on Tuesday, with Shanghai and Hong Kong boosted by news China's central bank is devaluing its currency while other regional markets fell.