China handed yuan bulls a New Year’s gift with tacit consent for more appreciation, while carefully pacing the currency’s ...
China's onshore yuan broke through the key threshold of 7 per U.S. dollar for the first time since 2023, as the currency ...
The yuan strengthened beyond the key seven-per-dollar level in the more tightly controlled onshore market for the first time ...
CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...
The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s ...
Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...
The People’s Bank of China has outlined a digital yuan roadmap, targeting January 1, 2026 for the launch of a new management ...
On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7.0358 per dollar, which is 301 pips ...
While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.
China’s yuan traded past ¥7 per dollar on Thursday for the first time in over a year, with the offshore unit reaching 6.9964 ...
China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...