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 steps in to stem yuan slide, shore up confidence
WEBSHANGHAI/BEIJING, June 27 (Reuters) - China's monetary authorities took forceful action against a sliding currency for the first time in nearly eight months on Tuesday, with the country's state...
China’s yuan gains ground after rate cuts, exporters’ US dollar …
WEB17 hours ago · Advertisement. Yuan. EconomyChina Economy. China’s yuan gains ground after rate cuts, exporters’ US dollar exodus. Cuts by the Federal Reserve have prompted exporters to convert their US ...
China's central bank injects cash, lowers 14-day reverse repo rate
WEB1 day ago · The People's Bank of China (PBOC) injected 234.6 billion yuan ($33.29 billion) into the banking system through open market operations, saying it wanted to "keep quarter-end liquidity adequate at a ...
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.
Yuan on the brink of a breakthrough - Asia Times
WEBAug 12, 2024 · The Chinese yuan is emerging as the next major currency to closely monitor in the aftermath of the dramatic reversal of the Japanese yen carry trade.
China Tells Banks to Gear up for Huge Dollar Dump, Yuan Buying …
WEBSep 29, 2022 · China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing's prior interventions have failed to stem its currency's worst year since 1994.
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 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 hovers near record lows against the dollar despite ... - CNN
WEBSep 29, 2022 · The Chinese yuan, together with other major global currencies, has weakened rapidly against the dollar in recent months. The greenback surged to a fresh two-decade high on Wednesday against a...