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Chinese yuan surged to a 16-month high
Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
Chinese Shares and the Yuan Pump Amid Details of Further Stimulus
Dollar-yuan moved below ¥7 and the Hang Seng reached above 20,000 on 26 September after a very strong improvement in sentiment.
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar level since May 2023.
Indexes rally on China stimulus, promising labor-market data
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduced new measures to boost its sluggish economy.
Stock market today: Asian markets rally again as China ramps up support for its economy
Shares rallied again in Asia on Thursday following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks. Bloomberg and other reports cited unnamed sources as saying that the Chinese government would spend 1 trillion yuan ($142 billion) on capital injections for lenders.
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further invigorate the country's sluggish economy.
1d
on MSN
Stocks near flat, yuan dips as China stimulus lift fades
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
12h
Debt Supply Risk Looms for China Bonds on Fiscal Stimulus Plan
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
2d
China’s yuan continues upward climb after Beijing’s stimulus roll-out
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s central bank.
2d
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
2d
China's Stimulus Package: What You Need to Know
What is the stimulus package? Is it monetary or fiscal? Monetary: These are measures taken by the central bank, the People's Bank of China, rather than tax-and-spending moves by the government. In ...
devdiscourse
1d
China's Bold Move: 1 Trillion Yuan Injection to Revitalize State Banks
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...
9h
China launches late stimulus push to meet 2024 growth target
BEIJING, Sept 27 (Reuters) - China's central bank on Friday lowered interest rates and injected liquidity into the banking ...
3d
China's big-bang stimulus boosts yuan; Aussie up after RBA
The Australian dollar hovered close to its highest level of the year on Tuesday, with the central bank set to hold policy ...
11h
China ramps up stimulus to prop struggling economy, announces more interest rate cuts
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of fresh fiscal ...
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