PBOC halts bond buying to defend yuan as China’s economic gloom worsens
The central bank will pick a time to resume buying depending on market conditions. Read more at straitstimes.com.
China Boosts Yuan Support as Dollar Strength Pressures Asia
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
Yuan eases to 16-month low, pressured by strong dollar
China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed ...
China boasts capabilities to keep yuan basically stable at adaptive and balanced level
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
Business Times4d
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
Exchange Rates1d
US Dollar to Yuan Forecast: 7.2369 in Three Months
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
gulftoday3d
China’s yuan hits 16-month low despite firmer guidance
China’s yuan hit a fresh 16-month low against the dollar on Monday, weighed by trade concerns and falling yields and defying ...