"Generally speaking, the devaluation is negative for stocks," wrote Wang Yang, analyst at Guotai Junan Futures. Chinese stocks ended mixed on Tuesday as the central bank's surprise decision to allow ...

The People’s Bank of China’s abrupt decision earlier this month to devalue its currency was characterized by Chinese central bank authorities as an effort to drive the currency toward more ...

The rand has fallen close to 5 percent in the last month against the dollar and over 4 percent against the pound and the euro in the same period. The rand slipped over half a percent against the ...