Yen rises, yuan falls after Trump signs Hong Kong protest bill - News Daily

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Wednesday, November 27, 2019

Yen rises, yuan falls after Trump signs Hong Kong protest bill

By Stanley White TOKYO (Reuters) - The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law legislation supporting anti-government protesters in Hong Kong, which could complicate efforts to end the U.S.-China trade war. The yuan fell in offshore trade as scrutiny of Hong Kong's response to months of often violent protest against Chinese rule of the former British colony potentially opens up a new fault line in already fractious relations between Washington and Beijing

The post Yen rises, yuan falls after Trump signs Hong Kong protest bill appeared first on Firstpost.



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