China’s central bank set a stronger-than-expected fixing rate for the yuan against the US dollar on Wednesday, signalling that China does not plan to offset the impact of US tariffs by allowing ...
BEIJING, Feb 16 (Reuters) - China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market ...
The yuan is under heavy fire from a dollar boosted ... interest rates and reserve requirement ratios to keep liquidity flowing. Still, market strategists like Wee Khoon Chong from BNY Mellon ...
(Bloomberg) -- Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s ...
The People’s Bank of China has drained cash through open market operations most days this month, supporting the yuan by making it more scarce. But that has had unintended consequences ...