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PBOC YUAN FIXING
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 ...
- Aussie, New Zealand dollars get respite ahead of China's reopenThe Australian and New Zealand dollars held gains as Chinese markets resumed trade amid the U.S.-China trade war. Traders focused on the Pe...
- China's yuan hits 16-month low despite firmer guidanceChina's yuan hit a 16-month low against the dollar, pressured by trade concerns, falling yields, and a strong dollar. Despite efforts by th...
- 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 eases to 7-month low on PBOC's weak guidanceChina's yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides offic...
- China's yuan slips to fresh 7-month lows as outflows mountChina's yuan dips to a fresh seven-month low against the dollar due to portfolio outflows and speculation about the central bank's actions.
- 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...
- Yuan ends domestic session at weakest since 2007 as outflow pressure buildsOn Friday, the central bank again looked to be shoring up the currency by setting guidance through its daily fixing that was stronger than ...
- China's state banks seen selling dollars for yuan in London and New York hoursChina's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets ...
- China prepares to tweak yuan fixing process to slow its fall: SourceThe source, who is familiar with the yuan rate-setting process, said monetary authorities were prodding banks to include the so-called coun...
- China's yuan ends near 28-month low, set for worst week since AprilThe U.S. dollar strengthened in global markets, with benchmark U.S. Treasury yields hitting an 11-year high overnight, as investors positio...
- 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.
- China aims to cool Yuan’s surge by reducing cost of shortingFinancial institutions will no longer need to set aside cash when purchasing foreign exchange for clients.
- China sets Yuan fixing stronger than expected, soothes nervesChina’s fixing is published every trading day at 9:15 a.m., after a group of 14 lenders submit their rates.
- 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 midpointThe 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 .
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