Asia
Yuan weakens to 7.1788 against dollar
2 years agoThis photo illustration shows a Chinese 100 yuan note (C) and US 100 notes in Beijing on January 14, 2020. - The United States removed the currency manipulator label it imposed on China last summer, a sign of easing tensions between the economic powers after nearly two years of conflict. Separately, official data showed that China’s trade surplus with the United States narrowed in 2019, a day before the two countries sign a “phase one” trade deal in Washington. (Photo by NICOLAS ASFOURI / AFP)
The central parity rate of the Chinese currency Renminbi, or the Yuan, weakened eight pips to 7.1788 against the dollar on Tuesday. This is according to the China Foreign Exchange…
