Global Market: China’s yuan hits four-year high against dollar after Fed holds ratesChina’s yuan climbed to a four-year high against the US dollar, supported by the central bank’s firm guidance and the Federal Reserve’s dec...
Global Market: Yuan holds near four-year high as China tempers appreciation paceChina’s yuan held near a four-year high against the US dollar as the central bank moderated its daily fixing. Export-related demand and str...
Global Market: China's yuan hits four-year high as dollar weakens ahead of policy meetingsThe yuan of China has surged to a peak not seen in four years against the US dollar, driven by evolving market dynamics and currency evalua...
Global Market: China's yuan hits more than four-year high against dollarIn a remarkable turn of events, China's yuan has surged against the US dollar, hitting levels unseen in over four years. This strength is l...
Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concernsChina’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and impr...
Global Market: Yuan holds steady, set for third weekly gain on robust Chinese exportsChina’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its...
Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
US Market | Fed has sufficient reserves, strong rate control framework: PerliNew York Fed official Roberto Perli said the Federal Reserve has maintained effective control over short-term interest rates and sufficient...
China's yuan rises to 8-month high as PBOC moves to boost investor confidenceChina's yuan has surged to an eight-month high against the dollar, fueled by growing confidence in the Chinese economy and anticipation of ...
China's yuan falls to near 3-month low on weaker fixing, tariff worriesThe Chinese yuan dropped to a near three-month low against the U.S. dollar due to a weakened official guidance and market concerns about po...
China's yuan hits 5-month low, strong official fix limits lossesEarlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans...
China's offshore yuan falls to two-year low of 7 per dollarThe dollar reached as high as 7.0188 yuan in offshore trade, its highest since July 2020, and was last up 0.35% at 6.9995.
Yuan ends domestic session near 3-year high, market gauges central bank toleranceChina's onshore spot yuan finished the domestic trading session at 6.4173 per dollar, its strongest such close since June 15, 2018.
Yuan set to fall slightly this week, underperforms midpointThe yuan slipped for a second day in a row and has mostly underperformed the official midpoint fixing during the week.
China's yuan falls, seen remaining weak in the near termChina's yuan slipped against the dollar after the PBOC, which over the weekend widened the currency's trading band, set a weaker midpoint f...
- Yuan little changed versus dollar after stronger midpoint
The yuan was little changed on Friday after the People's Bank of China set a stronger midpoint to reflect a drop in the US dollar index .