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Why the U.S. dollar is so strong right now

by Mitchell Hartman
Aug 29, 2022
The dollar index hit a 20-year high in European trading, the result of the Fed's rate hikes and the relative strength of the U.S. economy.
The dollar is essentially at par with the euro — lower than it’s been since the European common currency was launched.
mars58/Getty Images
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Why is China reducing its U.S. debt holdings?

by Lily Jamali
Jul 19, 2022
China cuts it U.S. debt portfolio to under $1 trillion, possibly to support its currency or reduce exposure to potential U.S. sanctions.
One reason China may be shedding U.S. Treasurys is to control the depreciation of its currency, the yuan, which has lost value as the dollar has strengthened.
Olivier Douliery/AFP via Getty Images
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Here are some reasons why China's currency is sinking

by Tracey Samuelson
Oct 10, 2018
One U.S. dollar today is worth about 9.92 Chinese yuan. That’s down nearly 10 percent from where it was last spring. That drop has the attention of Treasury Secretary Steven Mnuchin, who said Wednesday he wants to make sure China is not doing “competitive devaluations.” That’s when a country seeks an advantage by making its […]
An employee counts 100-yuan notes at a bank in Nantong in China's eastern Jiangsu province on July 23, 2018.
AFP/Getty Images
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Decline of China’s currency lessens bite of U.S. tariffs

by Amy Scott
Aug 2, 2018
The trade story of the day is actually more of a currency story. As you know, the Trump administration has proposed another round of tariffs on some $200 billion worth of Chinese products — ranging from tobacco to dog food to plywood. Now, the president is threatening to more than double the size of that tariff […]
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Where do the U.S. and China go from here?

by Kimberly Adams
Apr 13, 2017
Trump refrains from calling China a currency manipulator.
A model of Beijing's Central Business District made from Chinese yuan notes.
TEH ENG KOON/AFP/Getty Images
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7 commonly counterfeited currencies

by Jana Kasperkevic
Mar 28, 2017
It’s not all about the Benjamins.
Rows of dollar bills at the Bureau of Engraving and Printing in Washington, D.C.
Alex Wong/Getty Images
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Surprise. China is not a currency manipulator

by Sabri Ben-Achour
Dec 5, 2016
Donald Trump has repeatedly said the opposite. Here's why he's wrong.
A post office employee counts Chinese yuan at a post office branch set up inside Beijing's Great Hall of the People during the National People's Congress on March 7.
GREG BAKER/AFP/Getty Images
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China tries new measures to restore growth

by Kimberly Adams
Feb 29, 2016
The world's second-largest economy has announced fresh steps to stem decline.
Investors watch stock prices on screens at a securities company in Beijing on February 25, 2016. Chinese shares plunged more than six percent on February 25. 
FRED DUFOUR / AFP / FRED DUFOUR
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BBC Roundup: Migrants break Greek border fence, India boosts farming

by Donna Tam
Feb 29, 2016
There’s lots of turmoil overseas, particularly with the refugee crisis in Europe and trouble in the markets. But there is one bright spot in recent news — India’s economy continues to grow. Here’s a look at today’s global news from the BBC: Migrants take down barbed-wire fence at Macedonia, Greek border Migrants at the border […]
An Indian farmer lifts a basket loaded with cauliflowers in a field in Rasalpur village.
SAM PANTHAKY/AFP/Getty Images
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Why China is selling our treasury bonds

by Andy Uhler
Oct 13, 2015
The same data show the Chinese are privately investing in American bonds.
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