<ul><li>China's yuan has hit its lowest level since 2023 amidst deepening trade dispute with the United States.</li><li>China's decision to weaken its currency is seen as an attempt to mitigate the impact of the ongoing trade war on exports.</li><li>Analysts speculate that China may further depreciate the yuan to make its exports more competitive and counteract the trade war.</li><li>However, the Chinese government is unlikely to allow a steep depreciation for the sake of economic stability.</li></ul>

China’s Yuan Hits Lowest Level Since 2023

Discover more