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Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
USD/ CNY slipped lower on Friday as yuan firmed after a stronger PBOC fix, signaling efforts to stabilize the currency ...
USD/CNY dipped on Thursday as the dollar weakened and markets assed U.S. President Donald Trumps ongoing assault on ...
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
HONG KONG: China’s yuan held near a two-week low against the US dollar on Wednesday as US President Donald Trump’s renewed ...
The People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market ...
Use our currency converter to find the live exchange rate between CNY and USD. Convert Chinese Yuan to United States Dollar ...
Authors, including the PBOC’s former statistics head, call for ‘a new vision where multiple currencies jointly support global financial stability’.
The spot yuan opened at 7.1641 per dollar and was last trading at 7.1715 as of 0312 GMT, 62 pips lower than Friday’s late ...