China's yuan touched a new 32-month high against the U.S. dollar on Wednesday after Beijing guided its currency higher as ...
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
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 ...
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
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Chinese yuan has risen to 8.5% of global forex trades in 2025, keeping its rank as the fifth most traded currency
China’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking worldwide, according to the Bank for ...
Chinese state media has cautioned against making one-way bets on the yuan, signaling growing official discomfort about the pace of recent gains in the currency. The yuan’s current trend is ...
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that the ...
Trump’s rumored picks spark Chinese market selloff, yuan hits three-month low. Weak Chinese credit growth adds to concerns over fragile domestic demand. The market’s back, and these 3 income stocks ...
SHANGHAI/SINGAPORE (Reuters) -As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China was seizing a moment of ...
The yuan is closing in on its biggest weekly drop in over six months as the dollar rebounds, sharpening the focus on the Chinese central bank’s policy signals. China’s currency has depreciated 0.7% ...
China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...
Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The People’s Bank of China, the central bank, set its reference rate at 7.2038 ...
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