NewsFeeder
08-06-2019, 12:21 AM
Asia stocks roiled following US slide as trade worries deepen
The onshore variant of the renminbi, which is permitted to trade 2 per cent to either side of a daily midpoint set by China’s central bank, was flat in afternoon trading as it hovered near an 11-year low, pulling back from earlier losses. The offshore renminbi, which is more freely traded, was up 0.4 per cent after an initial dip. Beijing has pledged to ensure its currency’s stability.
https://finance.yahoo.com/m/5c755821-a367-38b4-80e3-a5627ae6228f/asia-stocks-roiled-following.html?.tsrc=rss
The onshore variant of the renminbi, which is permitted to trade 2 per cent to either side of a daily midpoint set by China’s central bank, was flat in afternoon trading as it hovered near an 11-year low, pulling back from earlier losses. The offshore renminbi, which is more freely traded, was up 0.4 per cent after an initial dip. Beijing has pledged to ensure its currency’s stability.
https://finance.yahoo.com/m/5c755821-a367-38b4-80e3-a5627ae6228f/asia-stocks-roiled-following.html?.tsrc=rss