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As China's yuan gets stronger while Ukraine crisis drives up raw material prices, exporters shy away from US dollar - Vimarsana News

As China's yuan gets stronger while Ukraine crisis drives up raw material prices, exporters shy away from US dollar

Some Chinese manufacturers fear losses could mount if the yuan further appreciates to 6.25 against the US dollar, as it would make their exports less competitive.

Source: scmp.com
China's yuan rally fuels central bank debate on using currency appreciation to fight commodity price surge - Vimarsana News

China's yuan rally fuels central bank debate on using currency appreciation to fight commodity price surge

A stronger yuan exchange rate against the US dollar would make commodity imports cheaper, but it would also make Chinese exporters less price competitive.

Source: scmp.com