On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7.0358 per dollar, which is 301 pips ...
The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal ...
China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...
The Chinese yuan has continued its strength, breaking through the so-called "psychological support level" of 7 yuan per dollar. The onshore exchange rate against the dollar closed at 6.99 yuan on the ...
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that the ...
(Reuters) -China's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher U.S. trade tariffs as Donald Trump returns to the White House. The ...
SHANGHAI, Nov 26 (Reuters) - The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from ...
June new yuan loans 2.24 trln yuan vs May’s 620 bln yuan TSF growth quickest since February 2024 Economist warns tailwind may fade over the rest of year China due to release Q2 GDP data on Tuesday ...
On 2 April 2025, China issued its first sovereign green bond denominated in Chinese renminbi (RMB). The issuance raised 6 billion RMB (US$824 million), an historic milestone that sends important ...