USD/CNY (CNY=X)

CCY - CCY Delayed Price. Currency in CNY

Add to watchlist

7.3005

0.0000

(0.0000%)

At close: 01:14PM BST

Yahoo Finance Video
Dollar under pressure after moves from China, Japan
The U.S. dollar (DX-Y.NYB) has been under pressure after China's central bank made moves to push back against the dollar's strength. It's also feeling the impact of hawkish talk from the head of Japan's central bank. Yahoo Finance Markets Reporter Jared Blikre breaks down the dollar's moves.
FX Empire
Sovereign Mid-year 2023 Outlook: Negative Rating Outlook Framed by Slowdown, High Debt, Rising Rates
Scope Ratings has revised up its 2023 global growth forecast modestly to 2.9% but has cut its 2024 forecast to 3%. More downside rating actions than upside are expected in the second half of this year.
FX Empire
African Sovereigns: Deeper, Co-ordinated Debt Relief Needed to Strengthen Credit Profiles
Distressed African countries risk having weaker credit profiles for longer unless there are better co-ordinated debt restructurings. Any improvements need to overcome burden-sharing among more diverse creditor groups.