Yuan to remain under pressure as central bank… China’s yuan has weakened by 4.7 per cent against the US dollar since the start of the year, but the central bank…
Yuan to ‘show good investment value’ as economy… Central bank deputy governor Pan Gongsheng said that as China’s economy recovers and the interest rate differential…
Why China’s post-Covid consumer recovery faces a… While personal spending is forecast to rebound with the relaxation of Covid controls, Chinese consumer confidence…
China to make yuan more flexible to handle… China’s central bank says it will increase the flexibility of the yuan exchange rate and prioritise stability and…
Digital yuan included in China’s official cash… Outstanding levels of Digital Currency Electronic Payment, also known as e-CNY, stood at 13.61 billion yuan (US$2…
‘Better late than never’: China cuts banks’… China’s central bank confirmed a reduction to its reserve requirement ratio on Friday at a time when the world’s…
China takes pragmatic approach to overseas yuan… The yuan’s internaional use is still dwarfed by the US dollar, but China is seeking to explore currency settlements…
China’s offshore yuan breaches critical… China’s yuan traded in the offshore market weakened about 0.5 per cent to 7.009 against the US dollar on Thursday,…
China to extend yuan trading hours as part of… Regulators led by the People’s Bank of China have told some banks to prepare for an extension of onshore yuan…
China’s yuan reserve pool reflects threat from… China’s plan to establish a yuan liquidity reserve pool with the Bank for International Settlements (BIS) could…