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Topic: China's yuan slid to the weakest in two years as hawkish Fed signals more rate hikes (Read 29 times) previous topic - next topic

China's yuan slid to the weakest in two years as hawkish Fed signals more rate hikes

China's yuan slid to the weakest in two years as hawkish Fed signals more rate hikes

[html]The Chinese yuan sank to the lowest level in two years after hawkish co*ments by Federal Reserve chairman Jerome Powell spurred a recent rally for the greenback.[/html]

Source: China's yuan slid to the weakest in two years as hawkish Fed signals more rate hikes (http://ht**://www.cnn.c**/2022/08/29/economy/china-yuan-lowest-in-two-years-hawkish-fed-intl-hnk/index.html)