Will economic recovery lift China’s yuan out of… Yuan has dropped below the key level of 7 against the US dollar for the fourth time since 2019, but the spillover…
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…
US dollar has ‘peaked’, China’s central bank… The yuan hit a two-week high against the US dollar after the US Federal Reserve said rate increases could be scaled…
China’s onshore yuan breaches 7 per US dollar,… China’s yuan was traded at 7.0066 from Thursday’s close of 6.9775, as markets grew concerned about the fast rate…
Beijing should spend to jump-start economic… Another interest rate cut could further weaken the renminbi while global inflation risks are rising and higher…
Yuan pressure to ease, but China’s virus battle… A move by the People’s Bank of China to cut the foreign exchange deposit reserve requirement ratio for banks next…
China makes ‘clear signal to stabilise yuan’… The People’s Bank of China (PBOC) said on Monday that it will cut the amount of foreign exchange deposits banks…