China’s march to strong yuan is long and perilous | Reuters
WEB23 hours ago · Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, Beijing is trying to get the renminbi more widely accepted in global ...
Impending expiry of U.S. sanctions licence threatens Russia's yuan ...
WEB12 hours ago · Banknotes of Chinese yuan and Russian rouble are seen amid flags of China and Russia in this illustration picture taken September 15, 2022. REUTERS/Florence Lo/Illustration/File Photo Purchase ...
Chinese yuan hits strongest level against dollar in over 16 months …
WEB1 day ago · China’s yuan hit its strongest level in over 16 months on Wednesday after Beijing unveiled a slate of stimulus measures to shore up the slowing economy on Tuesday. The Chinese offshore yuan ...
China Economy: Chinese Yuan Hits 16-Month High on Aggressive …
WEB1 day ago · 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 ...
China’s yuan continues upward climb after Beijing’s stimulus roll …
WEB1 day ago · On Wednesday morning, the offshore yuan rallied to break the 7 per US dollar threshold for the first time since May 2023. The People’s Bank of China set the fixing rate at 7.0202 per US dollar ...
Cash is leaving China again, pressuring yuan | Reuters
WEBSHANGHAI/SINGAPORE, June 21 (Reuters) - A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China's domestic investors are shelving expectations for any...
China's yuan falls against dollar, raising questions about weaker ...
WEBAug 17, 2023 · China’s yuan has dipped briefly to a 16-year low against the dollar, raising questions about whether Beijing might weaken its currency to help struggling exporters and reverse a deepening economic slump.
China’s Yuan Rallies Off Recent Lows on Record Strong Fix Signal
WEBSep 11, 2023 · China Warns Traders on Yuan Speculation, Fueling Sharp Rebound. Currency rallies 1%, most since March, after Beijing’s warning; Move eases fears that China will tolerate declines: analyst
Russia Economy: Shortage of China's Yuan Could Soon Get a Lot …
WEB4 hours ago · That spells trouble for Moscow, which has come to lean on China's currency heavily under Western trade restrictions. The yuan made up nearly 100% of all foreign-exchange transactions on the Moscow ...
China currency: Yuan - South China Morning Post
WEBSep 11, 2024 · Latest news on the Chinese yuan, also known as the renminbi, including the impact of the US-China trade war on the Chinese Communist Party's currency policies.
Skip to content