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BT EXCLUSIVE

Singapore firms both winners and losers in yuan's downtrend

Those with production base in China and selling in USD could reap major forex gains

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The US-Sino trade war and the fallout on the Chinese yuan are both benefiting and hurting Singapore companies - depending on what's their currency of costing and sales vis-a-vis their reporting currency.

Singapore

THE US-Sino trade war and the fallout on the Chinese yuan are both benefiting and hurting Singapore companies - depending on what's their currency of costing and sales vis-a-vis their reporting currency.

Among the beneficiaries are several companies with costs in yuan and...

sentifi.com

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