₦airaland Forum

"China’s yuan fell from a three-week high after Donald Trump gave a speech about continuing military strikes on Iran." Business Recorder

Trump said the U.S. would keep hitting Iran “extremely hard” for the next 2–3 weeks, which increased uncertainty

That uncertainty pushed investors toward the U.S. dollar (safe-haven), causing the Chinese yuan to weaken.

The yuan dropped from a recent high as markets reacted negatively to the lack of a clear timeline for ending the conflict.

https://www.brecorder.com/news/40414433/chinas-yuan-slips-from-3-week-high-as-trump-vows-sustained-strikes-on-iran?utm_source=chatgpt.com

When d baddest country make trouble who wan carry nose up
America a bad country with good intentions

Lordly13:
"China’s yuan fell from a three-week high after Donald Trump gave a speech about continuing military strikes on Iran." Business Recorder

Trump said the U.S. would keep hitting Iran “extremely hard” for the next 2–3 weeks, which increased uncertainty

That uncertainty pushed investors toward the U.S. dollar (safe-haven), causing the Chinese yuan to weaken.

The yuan dropped from a recent high as markets reacted negatively to the lack of a clear timeline for ending the conflict.

https://www.brecorder.com/news/40414433/chinas-yuan-slips-from-3-week-high-as-trump-vows-sustained-strikes-on-iran?utm_source=chatgpt.com

The Chinese yuan started performing poorly after Trump's speech.

Lordly13:
The Chinese yuan started performing poorly after Trump's speech.

Fall of Chinese currency is a good news for China and bad news for US. China deliberately devalue yuan to make Chinese goods cheaper globally, it is a weapon not a weakness.

Biodun556:
Fall of Chinese currency is a good news for China and bad news for US. China deliberately devalue yuan to make Chinese goods cheaper globally, it is a weapon not a weakness.

A slight fall is good news, a heavy fall to three weeks low is bad new.

And Chinese government have been stabilizing yuan at a point, not making it to fall.

Many nations won't accept your currency in international Trade if it's heavily falling, because it'll be bad for them. Which will show on your economy.



Is the fall of the naira good news for Nigeria?

Biodun556:
Fall of Chinese currency is a good news for China and bad news for US. China deliberately devalue yuan to make Chinese goods cheaper globally, it is a weapon not a weakness.

lol do you know the number of countries that hold on the de Chinese currency?

The reason why china currency’ will never replace the us dollars . For those of you saying the dollar will fall and crash.

fineboynl:
lol do you know the number of countries that hold on the de Chinese currency?

The reason why china currency’ will never replace the us dollars . For those of you saying the dollar will fall and crash.

This is the strongest Chinese currency have been in over a year

ponziponzi:
This is the strongest Chinese currency have been in over a year

the us intentionally devalued their currency last year. It fell worldwide

fineboynl:
the us intentionally devalued their currency last year. It fell worldwide

So won’t the devaluation of Yuan, if true, be a great news for China as an exporting country?

…and NO, it not worldwide. Here is India in the same period.