yuan
Weak Yuan Drives Demand for Dollars
On weak yuan, Chinese are turning to dollars.
China Leads Yuan to Four-Year Low
In the midst of its already slowing economy, China has driven its yuan to the lowest levels since 2011 and…
Walmart Seeks Price Cuts From Suppliers Due to Cheaper Yuan
Suppliers that produce goods in China are benefitting from the yuan's devaluation and Walmart has no…
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What China’s Devalued Currency Could Mean for African Manufacturing
China's sudden yuan devaluation last month shook things up across the globe, sending stocks seesawing and…
What the Chinese Devaluation Means for Apparel Brands
The People’s Bank of China’s abrupt decision earlier this month to devalue its currency was characterized by…
China’s Yuan Devaluation Could Help H&M Cut Manufacturing Costs
China's yuan devaluation has certainly shaken up the world market and stirred concerns of further economic…
Vietnam Devalues Currency Again
Vietnam followed in China's footsteps on Wednesday and devalued the dong for the third time in 2015.
China’s Currency Falls Again: What Sourcing Executives Should Know
Now that China's yuan has taken another tumble—down 1.1% against the U.S. dollar Thursday following a 1.6%…
China Devalues Its Currency to Three-Year Low, US Dollar Rises
In a surprise move Tuesday, China let its currency, the renminbi (RMB), fall to three-year lows, further…
Currency Brief: Euro Declines Against Dollar in August
Most of the key currencies of particular importance to the apparel industry remained stable to slightly down…
China Cautious Over Currency Flexibility
During the sixth session of the U.S.—China Strategic and Economic Dialogue (S&ED), held in Beijing from July…
Currency Brief: Indonesian Rupiah Surges, Chinese Yuan Edges Down in June
Most of the currencies relevant to apparel remained stable in June, with a few significant…
Chinese Renminbi Tumbles Below “Red Line;” Massive Losses May Follow
On Wednesday, a rapidly depreciating Chinese renminbi traversed what financial experts have been referring to…
New Study Warns that Currency Manipulation is Costing Textile/Apparel Industry Jobs
A new study issued by the Economic Policy Institute urges the U.S. government to take a strong stand against…
Chinese Central Bank Depreciates Yuan; Plans to Rival the U.S. Dollar
On February 25, investors anxiously reacted to the rapid depreciation of the Chinese renminbi, which plunged…