China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
The onshore yuan weakened past a level that China had been defending throughout December, opening up room for the managed ...
China will only make yuan adjustments once U.S. tariffs are announced: Strategist
Sim Moh Siong, Currency from Bank of Singapore discusses the implications from Trump's incoming tariffs on Asian currencies.
Is China deliberately letting the yuan tank against the US dollar? What is Beijing's strategy?
The value of the yuan has tanked despite the central bank’s seemingly continued efforts to support the currency. With a ...
China’s Offshore Yuan Falls to Lowest Since 2022 in Thin Trading
The offshore yuan tumbled sharply on Tuesday, briefly falling to the lowest level against the US dollar in more than two ...
How does PBOC’s yuan fixing impact global FX markets?
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and ...
Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
China’s ironclad grip on the onshore yuan is leading to an unintended side effect that would hinder its push to reinvigorate ...
China’s Record Dividend Payout Intensifies Pressure on the Yuan
China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend ...
Exchange Rates7h
US Dollar to Yuan Forecast: 7.2369 in Three Months
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...