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CHINA, YUAN, YEN, US DOLLAR, GOLD, TRADE WARS, TRUMP - TALKING POINTS: China weakens Yuan fix to 2019 low, pushes USDCNY and USDCNH past 7.00; US Dollar, Yen and gold prices surge while pro-risk
5 Aug 2019 Dealers said that after seeing the lower yuan reference price, currency traders rushed to dump the Chinese currency, sending it down 1.41 10 Aug 2019 China's yuan currency tumbled Monday, breaching a level long Why a falling Chinese yuan crushed the stock market and intensified the trade war set its daily reference rate at more than 6.9 yuan per dollar for the first 7 Aug 2019 A weaker yuan can help neutralize US tariffs on Chinese goods by making them more price-competitive on international markets. The Chinese 6 Aug 2019 A drop in the value of the yuan poses far-reaching consequences for markets and the US-China trade war. yuan's devaluation to the latest tariff threats, the PBOC has "effectively weaponised the exchange rate, even if it is This silver yuan remained the de jure official currency of the Republic government in Taiwan until 2000. Civil War period. The 9 Aug 2019 Analysts have drawn parallels between the declining rate of the yuan and Bitcoin's growth. The price of the preeminent digital currency rose 8 Aug 2019 China sets yuan rate below 7 per dollar for first time in 11 years. Move seen as fresh sign Beijing will let currency slide in trade war. TAKESHI
Q&A: China's yuan and a potential global currency war. Rajiv Biswas, Asia-Pacific chief economist at IHS, discusses how the yuan's depreciation will affect global markets.
Exchange rates, though, do matter, and in the context of the escalating tariff war, the recent moves between the dollar and the Chinese yuan (also called the renminbi) matter greatly.