China's Yuan Falls to One-Year Low on Weak Growth, Tariff Risk

By Yahoo! Finance   |   1 year ago
China's Yuan Falls to One-Year Low on Weak Growth, Tariff Risk

The Chinese yuan hit a one-year low against the US dollar due to concerns over weak growth and potential US tariffs. Despite Beijing's efforts to support the currency, analysts predict further depreciation in 2025 amid economic challenges. Traders are also monitoring the likelihood of a Federal Reserve rate cut.

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