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Published 12 days ago

Chinese Yuan Declines To Five-Month Low, Keeping The Dollar Strong

Summary by CTN News L Chiang Rai Times
(CTN News) – Against the dollar, the Chinese yuan fell to five-month lows on Monday, supported by safe-haven flows and the possibility that the Fed may not be in a hurry to reduce interest rates. As of 0357 GMT, the Chinese yuan was trading at 7.2432 per dollar, the lowest level since mid-November 2023 and […] The post Chinese Yuan Declines To Five-Month Low, Keeping The Dollar Strong appeared first on CTN News - Chiang Rai Times.

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CTN News l Chiang Rai TimesCTN News l Chiang Rai Times

Chinese Yuan Declines To Five-Month Low, Keeping The Dollar Strong

(CTN News) – Against the dollar, the Chinese yuan fell to five-month lows on Monday, supported by safe-haven flows and the possibility that the Fed may not be in a hurry to reduce interest rates. As of 0357 GMT, the Chinese yuan was trading at 7.2432 per dollar, the lowest level since mid-November 2023 and […] The post Chinese Yuan Declines To Five-Month Low, Keeping The Dollar Strong appeared first on CTN News - Chiang Rai Times.

12 days ago
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