Yuan hits 10-year low against euro, threatening trade tensions
asia.nikkei.com/Business/Markets/Currencies/Yuan-hits-10-year-low-against-euro-threatening-trade-tensions
TOKYO -- The yuan has depreciated to the lowest level in a decade against the euro, setting the stage for low-cost Chinese goods to flood the European market and create trade frictions between the two sides.
One euro fetched 8.437 yuan during April 22 trading in the foreign exchange…
This story appeared on asia.nikkei.com, 2025-05-02 00:00:00.