China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
The People’s Bank of China set the strongest reference rate for the currency in almost three years.
SHANGHAI, Jan 26 (Reuters) - China's yuan climbed to a new 32-month high against the dollar on Monday as the central bank continued its recent practice of carefully guiding the currency stronger by ...
Chinas yuan strengthened to a fresh 32-month high against the U.S. dollar on Monday, supported by a combination of central ...
Looking ahead, the yuan may continue to appreciate against the US dollar in 2026, but the pace is likely to remain moderate.
SHANGHAI, May 26 (Reuters) - An appreciation in China's yuan might not be a good way to deal with rises in commodity prices, the state-owned Economic Information Daily said in a front-page commentary ...
SHANGHAI: China’s yuan slipped from a 32-month high against the dollar on Tuesday, after the central bank guided the currency ...
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
SHANGHAI, Oct 19 (Reuters) - The yuan closed slightly higher versus the dollar on Wednesday after the People's Bank of China set its mid-point marginally stronger. But expectations of yuan ...
China's yuan reached a near 32-month high against the U.S. dollar, after the central bank shifted the guidance rate beyond the 7-per-dollar mark. This move, indicating potential policy shifts, allows ...
The suspicion is that China has allowed the currency to continue to rise to ward off higher inflation and prevent capital outflows amid fears over the longevity of the Fed’s quantitative easing policy ...
Standard Chartered fx strategists are recommending investors sell one-month U.S. dollar/Chinese yuan non-deliverable forwards with an outright entry of CNY6.475 to take advantage of underpriced CNY ...