Sentences with phrase «weaker yuan»

The weaker yuan makes China's commodities and finished goods more competitive to foreign buyers.

As issuing debt to fund growth continues to lose its effectiveness, watch for the PBOC to push for a weaker Yuan as well as lower domestic interest rates.

While a weaker Yuan helps exporting sectors, it causes problems in China's domestic economy.

A weaker yuan makes Chinese exports cheaper for buyers, and thus boosts trade.

«China could be forced to devalue the yuan even more, should its economy falter, and the equity markets are dealing with the prospect of a weaker yuan amplifying the negative impact from a sluggish Chinese economy,» said Eiji Kinouchi, chief technical analyst at Daiwa Securities in Tokyo.

While a weaker yuan looked inevitable to Trinh, the central bank's decision to devalue the currency on Tuesday took markets by surprise — sparking a selloff in global equities and emerging - market currencies.

China's surprise decision to revalue the yuan as it tried to contain the stock market turmoil caused the currency to drop the most in 21 years last month, triggering exchange - rate declines elsewhere in the emerging world on concern that a weaker yuan will hurt countries exporting to China.

While a weaker yuan can hurt U.S. multinational companies» exports, growth in China has been largely infrastructure driven, which draws in commodities but not consumer goods, said McCaughan, whose firm manages nearly $ 343 billion in assets.

In the above scenario, the milk processing plant could simply buy its machine parts from China to take advantage of a weaker yuan.

Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed debt in foreign currencies over the past few years and now have to pay it back with a weaker yuan.

With over 80 % of the bitcoin trading volume expressed in the Chinese currency, CryptoNinjas feels that a weak yuan regime provides a tailwind for the currency.

Not exact matches

MANILA, May 2 - London copper futures recovered from its weakest level in nearly a month on Wednesday as investors awaited comments from the U.S. SHANGHAI COPPER: The most - traded June copper contract on the Shanghai Futures Exchange slid 1.4 percent to 50,900 yuan a tonne, tracking losses in London in the prior session as Chinese markets reopened after a two - day...

Investors fear China's economy is even weaker than had been imagined, with Beijing, in a bid to help exporters, allowing the yuan's depreciation to accelerate.

Spot yuan fell to 6.5956 to the dollar, its weakest since February 2011.

The People's Bank of China (PBOC) set the yuan midpoint rate at 6.5646 per dollar, 0.5 % weaker than the previous day's fix.

By easing the yuan's peg to the dollar, China will be able to benefit from a weaker renminbi as the Federal Reserve tightens monetary policy, states BofA.

Chinese exporters benefit from keeping the Yuan weak versus the US Dollar.

The rupee lost another 48 paise against the US dollar to Rs 64.67, its weakest level since September 2013, due to appreciation of the dollar overseas after China unexpectedly devalued the yuan for the...