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The Business Standard

Saturday
May 02, 2026

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SATURDAY, MAY 02, 2026

Chinese Yuan

Chinese Yuan

People sit in front of a board showing market information at a securities brokerage house in Beijing, China August 5, 2019/Reuters

Asia stocks take heart as Beijing limits yuan slide

Investors have increasingly come to fear the trade war will prove protracted enough to shove the world into recession and have piled into bonds and gold as a hedge.

China state banks seen mopping up dollars through yuan forwards - sources

China state banks seen mopping up dollars through yuan forwards - sources

China Renaissance raises nearly $1 billion for latest yuan fund

China Renaissance raises nearly $1 billion for latest yuan fund

Photo: REUTERS

Chinese yuan weakens to 6.8759 against USD Monday

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