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China’s Yuan Faces Continued Downward Pressure Against the Dollar

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05 July 2024
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China’s Yuan Faces Continued Downward Pressure Against the DollarThe yuan fell to a seven-month low against the U.S. dollar late last month, as analysts say several factors continue to put downward pressure on China’s currency. On June 21, the offshore yuan / U.S. dollar exchange rate fell to 7.27 yuan /U.S. dollar, a

Read more https://www.theepochtimes.com/china/chinas-yuan-faces-continued-downward-pressure-against-the-dollar-5676624

  • Previous Article China’s Green Agenda: How the Green Tech Industry Is Empowering Communist China
  • Next Article China’s Auto Industry Accelerates Overseas Supply Chain Expansion to Evade Western Sanctions: Experts

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