depreciation

New Business

China’s yuan hits 2-year low, Asian currency pressure rises, as US dollar strengthens

With the offshore yuan having plunged to its lowest level in more than two years against the US dollar as…

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New Business

Russia’s plunging rouble puts pressure on Chinese e-commerce merchants

The sharp depreciation of the Russian rouble and growing devaluation expectations have caused widespread concern among Chinese exporters, prompting many…

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