China’s largest state-run banks spent this week aggressively buying US dollars in the onshore market, and then didn’t do a ...
With the US dollar likely to be soft for a few years, holding the renminbi back will be to allow it to depreciate against ...
China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...
USD/CNY recovered some ground from 14-month low on Thursday after the central bank set a weaker-than-expected official ...
Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for ...
China's yuan (USD:CNY) slid to its lowest level in four months against the U.S. dollar on Friday as a weaker daily fixing fueled speculation authorities would tolerate further currency depreciation.
The Chinese yuan hit a fresh 14-month high against the US dollar on Monday, extending a recent rally as analysts said the ...
The yuan's growing use is chipping away at second-tier currencies, such as the pound, ING said. China's share of global payment transactions on the SWIFT system grew to 3% in July. But that hasn't ...
J.P. Morgan analysts are staying long the U.S. dollar/Chinese Yuan (USD:CNY), according to a Global Asset Allocation report. The U.S. dollar/Chinese Yuan (USD:CNY) continues to stay in the 7.25-7.27 ...
In a significant shift, China’s yuan has surpassed the U.S. dollar as the most traded foreign currency in Russia. This development is a part of the ongoing trend of de-dollarization, reflecting a ...
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the ...
HONG KONG: The Chinese yuan hit a fresh 14-month high against the US dollar on Monday, extending a recent rally as analysts ...