DUBAI/WAM The UAE Year of Community 2025 has come to a close, successfully concluding its …
Read More »China’s yuan hits one-year low
Bloomberg The yuan fell to the lowest since August as the dollar rallied, raising speculation that Chinese officials are comfortable with the currency’s weakness. The yuan fell as much as 0.29 percent to 6.7229 per dollar, while the overseas-traded currency also weakened. Chinese stocks reversed earlier gains, with the Shanghai Composite Index and the Hang Seng China Enterprises Index closing …
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