China's central bank is allowing its tightly controlled currency, the yuan, also known as the renminbi, to fall in value. The People's Bank of China allowed the yuan to fall to a four-year low on ...

A move by China to devalue its currency for the second day in a row has grabbed headlines and roiled stock markets around the world. But University of Toronto economics professor Loren Brandt says the ...

China's surprise devaluation of its currency is an admission of economic weakness and could delay the timing of the Federal Reserve's expected U.S. interest rate hike, strategist Boris Schlossberg ...

China devalued its currency by 1.9% on August 11 and made some smaller changes since then. The country also announced adjustments to how it would calculate its onshore reference rate moving forward.

G20 currency war promises unlikely to end devaluation debate Analysis: Financial leaders from the world’s 20 biggest economies may have promised not to devalue their currencies to help exports, but ...