How US-China trade war is sending FX shocks
The tit-for-tat trade war is escalating and for embattled corporate treasurers it means manning the foreign exchange bunkers. CT looks at the situation in the currency trenches.
Corporate treasurers will be keeping a close eye on currency movements – in particular the renminbi to the US dollar – for signs that China may use its currency as a weapon against US President Donald Trump’s trade tariffs.
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