The People’s Bank of China said while it will maintain the exchange rate’s flexibility, it will strengthen efforts to guide ...
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 ...
China’s yuan traded past ¥7 per dollar on Thursday for the first time in over a year, with the offshore unit reaching 6.9964 ...
China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...
The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s ...
THE yuan slipped against the dollar on Friday after China's central bank sent a strong signal through its midpoint fixing, ...
Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...
For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the ...
The offshore yuan strengthened against the US dollar on Thursday, moving through the key 7.0000 mark and touching 6.9965 at 3 ...
Currency sees wider use in trade, but high domestic savings and partial capital controls still act as constraints, analysis ...
Attractive pricing is helping drive a sustained push by Beijing to put the yuan on the global stage dominated by the dollar.
(Dec 25): China’s yuan climbed past the psychological milestone of seven per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market ...