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China Lets Yuan Weaken
China Pushes Back Against Yuan Weakness After Last Week’s Slide
China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster.
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, which traders say could
China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
(Bloomberg) -- The onshore
yuan
weakened past a level that China had been defending throughout December, opening up room for the managed currency to drop further amid a sluggish economy.
China Yuan Weakening Not a Surprise, Says Macquarie’s Wizman
Thierry Wizman, global FX and interest rates strategist at Macquarie, examines the onshore yuan breaching the 7.3 per dollar for the first time since late 2023. (Source: Bloomberg)
China Lets Yuan Weaken, Falling Below 7.3 Per Dollar
The onshore yuan breached the psychological milestone of 7.3 per dollar for the first time since late 2023, weakening past a level that China had been defending throughout December. Bloomberg MLIV's Nour Al Ali has more.
Yuan Mixed
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency to gauge Beijing’s appetite to support it.
How does PBOC’s yuan fixing impact global FX markets?
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and beyond.
Yuan Mixed as Traders Digest PBOC’s USD/CNY Fixing
Yuan was mixed against the U.S. dollar as traders digested the PBOC’s fixing of USD/CNY at 7.1876 this morning, below the psychological 7.2000 level.
3h
on MSN
China hurries to shore up sliding yuan and stock markets
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
3h
on MSN
Metals Fall Even as China Shows Support for Under-Pressure Yuan
Aluminum and zinc held near their lowest levels in more than three months as China signaled support for its currency in the ...
7h
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
10h
Dollar rally pauses; yuan slides to 16-month low
The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. economic data this week ...
Yicai Global
6h
China Signals It Will Keep Yuan Exchange Rate Stable as New US Tariffs, Dollar Surge Loom
Given that China has a rich set of exchange rate management tools, the yuan rate should be supported to keep it stable and at ...
16h
A final goodbye for Xin Yuan
KAJANG: Sobs of grief and sorrow filled the halls of the Jing An Memorial Village here as family members and close friends ...
5h
Morning Bid: Pre-Trump trades lift US yields, yuan shaky
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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