Many analysts had expected the PBOC to set a lower rate for the yuan this year, as a weakening of the Chinese currency would mitigate the impact of US tariffs on Chinese exporters. The US ...

Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his inaugural address, with analysts forecasting the currency would ...

China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...

[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 ...

(Bloomberg) -- Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s ...

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.

Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a weaker currency to offset new U.S. tariffs. The People’s Bank of China ...

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 ...

(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 ...

In both the 2015 and 2019 periods of sharp yuan falls, China was forced to defend its policy and explain it was not engaging in any kind of beggar-thy-neighbour currency devaluation tactic.

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 ...