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PBOC, Yuan
PBOC Reinforces Yuan Support With Fixing Stronger Than Key Level
China reaffirmed its support for the yuan after a sudden drop in the currency late last week fanned speculation that policymakers will greenlight a sharper depreciation.
How does PBOC’s yuan fixing impact global FX markets?
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and beyond.
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session. Read more at The Business Times.
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s appetite to support it.
Yuan Mixed as Traders Digest PBOC’s USD/CNY Fixing
Yuan was mixed against the U.S. dollar as traders digested the PBOC’s fixing of USD/CNY at 7.1876 this morning, below the psychological 7.2000 level.
1h
on MSN
China Boosts Daily Yuan Support as Dollar Rally Threatens FX
China maintained its tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
1d
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
Yicai Global
1d
China’s Central Bank, Forex Regulator Signal Commitment to Steady Yuan Exchange Rate
The PBOC is likely to cut the reserve requirement ratio by 50 bps in the first and third quarters this year to support ...
21h
Offshore Yuan Borrowing Costs Surge as Currency Support in Focus
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the ...
gulftoday
2d
China’s yuan briefly hits weakest against dollar since Nov 2023
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
1d
Morning Bid: Pre-Trump trades lift US yields, yuan shaky
European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...
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41m
All-China Women's Federation raises over 13 million yuan for quake relief in Xizang
BEIJING -- The China Children and Teenagers' Fund and the China Women's Development Foundation, both of which are under the ...
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