The Reason China Will Devalue The Yuan
Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
Business Recorder2d
Yuan jumps to 3-week high on encouraging loans data, stable currency pledge
SHANGHAI: China’s yuan rose to a three-week high against the dollar on Monday, underpinned by contrasting data ...
China January bank lending hits record high on policy stimulus
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...
The Guardian Nigeria6d
Yuan strengthens 7.1710 against dollar
The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened six pips to 7.1710 against the dollar on Wednesday.
cryptopolitan on MSN2d
China’s central bank says the yuan could save global economy
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan ...
Investing2d
China January bank lending hits record high on policy stimulus
BEIJING (Reuters) -New bank loans in China surged more than expected to ... While the central bank has been firmly supporting the yuan currency in the face of Trump's threats, analysts expect ...
China’s Central Bank Signals Policy Adjustments Amid Rising Global Risks
The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial ...
Business Recorder6d
China’s yuan rebounds from 3-week low; Ukraine war, tariffs in focus
In a note to clients, Maybank analysts said that the yuan could move towards 7.2180 on the dollar if China and the US manage ... The dollar’s six-currency index was 0.176% lower at 107.72.