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China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an ...
Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian ...
The Indian rupee edged lower on Tuesday as regional currencies took a breather following a drop in the offshore Chinese yuan, ...
As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People ...
The new vault will be part of the exchange’s network that international clients use to manage bullion trading and storage.
The People’s Bank of China (PBOC) will cut the borrowing cost of its seven-day reverse repurchase agreements, its benchmark ...
Local traders are increasingly sidestepping the US dollar in favour of China ’s currency, creating informal yuan payment ...
Chinese policymakers are hoping to stabilize the yuan as it faces downward pressure from U.S. levies and a gloomy growth ...
US-China yield spreads have been a major driving force behind CNY depreciation pressure since the US rate hike cycle in 2022.
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The yuan is enjoying a relief this month from the dollar’s decline but it’s weakening against other trading partners’ currencies, giving Chinese exports an edge in the face of steep US tariffs.
Foreign exchange traders just had their wings clipped by the People’s Bank of China. In the wake of a sharp rally for Asian ...