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 ...
The Chinese yuan surged to a 16-month high, but Beijing may not …
WEB1 day ago — On Wednesday, China's central bank indicated its neutral stance on the yuan via way of its daily midpoint fix, which it pegged at 7.0202 per dollar — this is against the 7.0206 traders and ...
Chinese yuan hits strongest level against the dollar in over 16 …
WEB1 day ago — China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
Yuan Strengthens Past 7 Per Dollar for First Time Since May 2023
WEB1 day ago — 3988.HK. (Bloomberg) -- The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to support the Chinese economy and the recent ...
China weighs injecting $142 bln of capital into top banks, …
WEB18 hours ago — China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, Bloomberg News reported ...
China’s yuan continues upward climb after Beijing’s stimulus roll-out
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 immediate...
Yuan Rises to Highest Since May as Short Carry Trades Abandoned
WEBAug 2, 2024 — China’s yuan climbed to its strongest since May as traders walked away from bearish bets amid a rebound in regional currencies and stronger prospects for US interest-rate cuts.
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.
China's yuan falls against dollar, raising ... - Associated Press News
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.