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China Lets Yuan Weaken
China Pushes Back Against Yuan Weakness After Last Week’s Slide
China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster.
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, which traders say could
China Lets Yuan Weaken, Falling Below 7.3 Per Dollar
The onshore yuan breached the psychological milestone of 7.3 per dollar for the first time since late 2023, weakening past a level that China had been defending throughout December. Bloomberg MLIV's Nour Al Ali has more.
China’s Offshore Yuan Falls to Lowest Since 2022 in Thin Trading
The offshore yuan tumbled sharply on Tuesday, briefly falling to the lowest level against the US dollar in more than two years, before paring the decline.
Yuan Mixed
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.
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.
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
Morning Bid: Pre-Trump trades lift US yields, yuan shaky
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
3h
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
3h
China Signals It Will Keep Yuan Exchange Rate Stable as New US Tariffs, Dollar Surge Loom
Given that China has a rich set of exchange rate management tools, the yuan rate should be supported to keep it stable and at ...
6h
Dollar rally pauses; yuan slides to 16-month low
The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. economic data this week ...
12h
A final goodbye for Xin Yuan
KAJANG: Sobs of grief and sorrow filled the halls of the Jing An Memorial Village here as family members and close friends ...
2d
Big moves expected for crypto in Asia in 2025: Asia Express
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: ...
2h
on MSN
Dollar slips as traders return; yuan slides to 16-month low
The dollar fell on Monday from around a two-year peak, as traders reversed some of the rally seen during the holiday period ...
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China
dollar
United States
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