The 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...

The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10 from 3.35%, while the five-year LPR was cut by the same margin to...

China unexpectedly reduced a key short-term policy rate and benchmark lending rates on Monday to stimulate growth in the world's second-lar...

China's central bank kept the medium-term lending facility (MLF) rate unchanged at 2.50%, aligning with market expectations. The decision r...

Earlier 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 major state-owned banks have been buying the yuan and assisting its recovery against a weaker U.S. dollar, according to two sources...

On Friday, the central bank again looked to be shoring up the currency by setting guidance through its daily fixing that was stronger than ...

The source, who is familiar with the yuan rate-setting process, said monetary authorities were prodding banks to include the so-called coun...

The U.S. dollar strengthened in global markets, with benchmark U.S. Treasury yields hitting an 11-year high overnight, as investors positio...

The 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.

China's onshore spot yuan finished the domestic trading session at 6.4173 per dollar, its strongest such close since June 15, 2018.

Financial institutions will no longer need to set aside cash when purchasing foreign exchange for clients.

China’s fixing is published every trading day at 9:15 a.m., after a group of 14 lenders submit their rates.

China’s central bank has typically kept a tight rein on movements in its currency, setting a daily rate for the yuan and the dollar, someti...

The yuan slipped for a second day in a row and has mostly underperformed the official midpoint fixing during the week.

China's yuan slipped against the dollar after the PBOC, which over the weekend widened the currency's trading band, set a weaker midpoint f...

The seven-day repurchase rate, a gauge of funding availability in the banking system, tumbled 344 basis points, or 3.44 percentage points, ...