Sentences with phrase «yuan weakened»

Following the news, the money market rate opened lower and the yuan weakened.

China stocks fell and the yuan weakened Tuesday after Moody's lowered the credit rating for the world's second - largest economy.

China Oceanwide Holdings Group has agreed to buy U.S. insurer Genworth Financial for $ 2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

If the yuan weakens further, Zhou Xiaochuan will be more crunched for time and will have to create Bitcoin policy sooner.

Not exact matches

In view of the absence of agreed precise estimates of the yuan's fair value, the US Treasury will likely have sufficient «wiggle room» to maintain their position, despite the weakening of support.

As a result of its weakening economy, China has abandoned its currency peg with the dollar and reduced the yuan's exchange rate on three separate occasions this week.

«One of the biggest points that China has right now is to make the yuan more global,» he noted, adding that the weakening of the yuan is helping gold.

China's yuan, which has weakened in the last three years, is poised to extend the streak in 2017 as officials shepherd foreign reserves to shore up bad - loan - riddled banks.

The first is the ever - weakening yuan.

China's yuan is forecast to weaken just 2 percent this year as the central bank lowers its midpoint fixings and the dollar rises in anticipation of higher interest rates in the United States.

On top of that, the value of the Chinese yuan against the U.S. dollar has weakened sharply in recent months, from 6.40 yuan per dollar in August 2015, when China's central bank said there was «no basis for further depreciation,» to its current rate of 6.56.

This raised concerns a weakening yuan could provoke capital flight even as China's wider economy stumbles.

The yuan's weakening of the yuan and domestic real estate slowdown has prompted Chinese buyers to invest in Southeast Asia where properties are relatively affordable, reports the Global times (8... Read more >

The yuan's weakening of the yuan and domestic real estate slowdown has prompted Chinese buyers to invest in Southeast Asia where properties are relatively affordable, reports the Global times (8... Ler mais >

The yuan's weakening of the yuan and domestic real estate slowdown has prompted Chinese buyers to invest in Southeast Asia where properties are relatively affordable, reports the Global times (8... Leer más >

, the assertion that China's authorities are deliberately weakening the yuan is erroneous.

The U.S. dollar has weakened because it can buy fewer yuan today, than it could in 2003.

Since February 7, 2003, U.S. dollar has weakened against the yuan.

After years of relentless appreciation, the yuan topped in early 2014 and has weakened just as relentlessly ever since.

The Chinese yuan generally tracks the U.S. dollar; strength in the U.S. dollar in 2015 may have forced the PBOC to act quickly to weaken its currency.

South Korea, which is Asia's fourth - largest economy, may see the weakening of the yen and the yuan as a threat to its burgeoning economy.

Analysts and investors attribute the sharp rise in bitcoin last year to Chinese investors, who began buying it up while at the same time selling the yuan amid worries that the Chinese currency would weaken.

Bitcoin's popularity could have also raised concerns from authorities that believe the cryptocurrency could «weaken the official control of the country's money supply,» because everyday investors have progressively bought into Bitcoin, betting against the yuan.

Looks like Chinese buying due to weakening economy and Yuan devaluation.

Goldman Sachs believes that the Chinese Bitcoin surge is coming from waning confidence in the Chinese economy, weakening Yuan value, and new Chinese investors which do not have the money to invest in property or do not have sufficient knowledge about trading to invest in the stock market.