China set its daily reference rate for the yuan at a level that was significantly weaker than estimated by traders and ...
SHANGHAI, March 25 (Reuters) - China's yuan rebounded sharply against the dollar on Monday, propped up by suspected selling of dollars by state-owned banks and a strong official guidance set by the ...
China’s largest state-run banks spent this week aggressively buying US dollars in the onshore market, and then didn’t do a ...
China’s offshore yuan bond issuance hit a record 870 billion yuan ($123 billion) this year, growing for the eighth year in a ...
Bitcoin's BTC $86,829.18 price often dances to the tune of global money flows, and right now, a strengthening Chinese yuan ...
Some investors are overestimating the stockpile of Chinese money that could be converted back into yuan, as firms may not yet be ready to abandon dollar holdings, according to Goldman Sachs Group Inc.
Barclays analysts said there is potential for continued dollar weakness if China’s fiscal stimulus becomes a CNY10T package. Barclays analysts believe that the initial announcement of the China’s ...
It’s been a hectic April, as the whirlwind of tariff news after Trump’s 'Liberation Day' announcement consumed markets. As we have reached a period of relative calm, it’s a good time to reflect on the ...
SHANGHAI/LONDON, Sept 15 (Reuters) - China's yuan traded offshore weakened to 7 per dollar in European hours on Thursday, as markets continue to test authorities' willingness to defend the symbolic ...