Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for ...
USD/ CNY hit fresh 14-month low on Thursday as the greenback weakened following a Fed rate cut while investors look to Chinas ...
China’s yuan climbed on Monday to a fresh 14-month high against the dollar, as broad weakness in the US currency overcame concerns over an economic slowdown in the Asian giant and a ...
USD/CNY recovered some ground from 14-month low on Thursday after the central bank set a weaker-than-expected official ...
Analysts bet US Federal Reserve rate cuts and thawing trade tensions will drive China's yuan past the 7.0 psychological barrier China's currency appears poised to break through the psychological ...
China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...
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China’s offshore yuan bond issuance hit a record 870 billion yuan
China’s offshore yuan bond issuance hit a record 870 billion yuan ($123 billion) this year, growing for the eighth year in a row.
China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...
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China’s state banks are rampantly hoarding US dollars as yuan hits 14‑month high
China’s largest state-run banks spent this week aggressively buying US dollars in the onshore market, and then didn’t do a ...
China set its daily reference rate for the yuan at a level that was significantly weaker than estimated by traders and ...
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the ...
China's yuan hit a 14-month peak against the dollar, buoyed by seasonal corporate demand and a weaker U.S. currency. Despite ...
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