China Boosts Yuan Support as Dollar Strength Pressures Asia
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
Yuan eases to 16-month low, pressured by strong dollar
China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
gulftoday2d
China’s yuan hits 16-month low despite firmer guidance
China’s yuan hit a fresh 16-month low against the dollar on Monday, weighed by trade concerns and falling yields and defying ...
China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed ...
Exchange Rates20h
Yuan to US Dollar Forecast: 0.1384 in Three Months
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
gulftoday3d
China’s yuan briefly hits weakest against dollar since Nov 2023
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
Here Are the Tools That China Uses to Manage the Yuan
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central ...