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PBOC CURRENCY INTERVENTION
Global Market | China moves to cool yuan rally, eases FX forward rulesChina's central bank is intervening to slow the yuan's rapid climb. The People's Bank of China is removing foreign exchange risk reserve re...- Fed forces Asia to choose: Accept weaker currencies or push backCentral banks in Asia are faced with a tough choice following the Federal Reserve's hawkish rate cut—either counter the strengthening dolla...
- Rupee drops 9 paise to 83.79 per US dollarThe rupee weakened to 83.79 per US dollar due to foreign investor outflows amid declining Indian equities. Intervention by the Reserve Bank...
- China's yuan steady near 7-month lows as traders eye yen and dataChina's yuan weakens against the dollar as foreign investors avoid the stock market. Analysts suspect currency manipulation by Beijing to m...
- How China talked markets out of a run on the yuanThis year, as China's economy wobbled and money left the country, the PBOC took a starkly different approach, defending the currency by sig...
- Safe-haven dollar hovers around 2-month high on China woes, high rates fearChina's economic troubles have deepened, with property developer China Evergrande seeking Chapter 15 protection in a U.S. bankruptcy court,...
- Yen weakens past key 145 per dollar level; yuan falls after China PMI dataThe yen weakened to below 145 per dollar, its lowest level in over seven months, amid concerns of potential intervention from Japanese auth...
- Yen weakens past key 145 per dollar level; yuan falls after China PMI dataThe yen weakened to its lowest level in over seven months, reaching 145 per dollar, raising speculation of possible intervention from Japan...
- Yuan weakens past key 7.3/dollar levelThe yuan is also under pressure to fall as aggressive Fed hike bets threaten to widen the US-China yield gap and drive outflows. Moreover, ...
- China aims to slow yuan's rise but likely to avoid drastic stepsPolicymakers fear rapid yuan gains could lure more speculative money into everything from property, to stocks and commodities, fuelling ass...
- Robust intervention by RBI saves the day for the rupeeThe central bank is estimated to have sold about $1.5 billion, one of the largest interventions lately, four people with direct knowledge o...
- Here's what could happen if the yuan slips to 7 a dollarYuan is down about 2.5 per cent in May, headed for its worst drop since July.
- Light PBOC touch makes once unlikely yuan at 7/$ seem possibleYuan has lost more than 2.5 per cent against the dollar since the festering China-US trade dispute.
- China's central bank won't let yuan weaken past 7 to the dollarThe yuan fell to its weakest level since December on Friday.
- US, China to observe market forces on currencies: PBOCThe issue of currency manipulation has become part of the ongoing talks to solve their trade confrontation.
- 'China playing dangerous game of selling forex reserves'Zhang's call for Beijing to reverse the policy and abandon its heavy intervention in the foreign exchange market is gaining traction among ...
- One year on, the threat of another Chinese yuan devaluation looms large on marketsWhen the yuan crumbled way back in August of 2015, it took the rupee down with it, as it depreciated close to five per cent in the followin...
- Rupee loses 3.5% since China's August 11 yuan dip; dollar/rupee punters still waryReactions from the developed markets were according to textbooks, but the ones from the People’s Bank of China is erratic making life diffi...
- China's sudden currency devaluation is a sign of the country's weaknessThere's a lot of disagreement about how fast China is growing, but there's almost total consensus that the rate of growth is definitely slo...
- Yuan rises slightly in minimal volatility after US warningThe yuan strengthened slightly on Tuesday as the Chinese central bank firmed the official guidance rate, but the volatility remained minima...
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