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PBOC, Yuan
PBOC Reinforces Yuan Support With Fixing Stronger Than Key Level
China reaffirmed its support for the yuan after a sudden drop in the currency late last week fanned speculation that policymakers will greenlight a sharper depreciation.
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session. Read more at The Business Times.
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 beyond.
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s appetite to support it.
Yuan Mixed as Traders Digest PBOC’s USD/CNY Fixing
Yuan was mixed against the U.S. dollar as traders digested the PBOC’s fixing of USD/CNY at 7.1876 this morning, below the psychological 7.2000 level.
7h
China's economic stimulus measures since September
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
Cryptopolitan on MSN
4h
Trump tariffs crash China’s economy to a 16-month low – BRICS allies are next
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
CoinDesk
20h
Bitcoin Price Rally Could Be Accelerated by China's Market Meltdown, Crypto Observer Says
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
10h
on MSN
China Boosts Yuan Support as Dollar Strength Pressures Asia
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
2d
PBoC reiterates rates, reserve ratio to be cut ‘at appropriate time’
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
10h
Silver Price Forecast: XAG/USD steadies near $30.00 amid uncertainty over Trump's tariff
AUD/USD remains pressured toward 0.6200 following the release of Australian consumer inflation figures, which showed a ...
4d
on MSN
China’s PBOC Vows More Support for Innovation and Consumption
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
Yicai Global
1d
China’s Central Bank, Forex Regulator Signal Commitment to Steady Yuan Exchange Rate
(Yicai) Jan. 6 -- China’s central bank and foreign exchange watchdog have signalled that they will keep the Chinese yuan ...
nai500
6h
China’s Central Bank Increases Gold Holdings Once Again: Will It Continue Buying?
On Tuesday, despite the strengthened U.S. dollar and rising U.S. Treasury yields curbing buyer interest in precious metals, ...
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