News  Sources

China's yuan hits one-week low on worries over Middle East conflict

China's yuan hit a one-week low against the U.S. dollar due to investor worries over escalating Middle East conflict. The onshore yuan fell to its weakest level since June 11 before stabilizing. Analysts believe a weaker yuan could boost Chinese exports amid uncertain trade prospects with the U.S.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14827409/Chinas-yuan-hits-one-week-low-worries-Middle-East-conflict.html
Source Id: 8731218156

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox