China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than ...
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar.
[Photo/Xinhua] Offshore renminbi bond issuances more than doubled last year while panda bond issuances surged, highlighting the steady progress made by the Chinese currency ... yuan ($27.3 billion ...
China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has weakened 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan.
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.
(Bloomberg) -- China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low ...
SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation. China is walking a tightrope on its currency. Economic fundamentals ...
Broader adoption of the petroyuan – shorthand for the use of China’s currency in cross-border crude oil settlements – is widely seen as a necessary step in the yuan’s further ...
(Bloomberg) -- China ... currency. The People’s Bank of China unleashed a monetary stimulus blitz last September in an attempt to boost the economy — and is now pushing back against a yuan ...
Above all, a major depreciation would run counter to the strategic objective of President Xi Jinping to ensure a "strong ...