China stepped in on Wednesday to support the yuan, showing how far Beijing is willing to go to keep its currency stable as ...
USD/ CNY edged lower on Monday as Chinas yuan was supported by firmer-than-expected official guidance and optimism that trade ...
USD/ CNY dipped on Wednesday as Chinas yuan firmed on strong PBOC fixing despite US-Sino tensions. The Peoples Bank of China ...
Escalating trade tensions between the US and China are spurring yuan traders to prepare for greater volatility lasting into ...
Moscow adopted the yuan-to-ruble exchange rate as benchmark after the US expanded sanctions against it. The US sanctions forced the Moscow Exchange to end dollar and euro trading, causing market ...
The Chinese yuan is gaining prominence in global finance as more nations look beyond the US dollar. Its share in worldwide ...
The proposed switch by Ethiopia adds to a growing list of countries that are turning to the yuan for cheaper financing, ...
The dollar index (DXY00) Wednesday finished up by +0.27% and posted a 2-week high. The dollar found support Wednesday on weakness in the Chinese yuan after Reuters reported that Chinese policymakers ...
PBOC sets high midpoint rate for yuan, separately reports slowdown in Chinese credit growth, as expectations rise for a US ...
To borrow from the great JRR Tolkien, the USD/CNY story in April has been much like Bilbo Baggins’s autobiography from The Hobbit – There and Back Again. Ahead of the 'reciprocal' tariff announcements ...
Kenya has completed converting three railway construction dollar-denominated loans from China into yuan in order to save on interest payments, its Finance Minister John Mbadi said on Tuesday. The swap ...
US dollar is mostly firmer today as its pullback from last week's highs is retraced. The yen is the weakest of the G10 ...