Tag: yuan

China’s yuan, in trade-weighted terms, has fallen to a one year low

China's yuan TWI has hit its lowest since October 15 2021 (info via a Reuters calculation on its value). The China Foreign Exchange Trade System (CFETS, a unit of the PBOC) manages the...

Chinese Yuan Sees Record One-Day Move on US Dollar Selling as Industrial Profits Near

Chinese Yuan, USD/CNH, PBOC, Industrial Profits, Market Sentiment – Talking PointsAsia-Pacific markets eye a mixed open after US stocks fall alongside US DollarChinese industrial profits are on tap as the Yuan gains amid...

Asia FX Rises on Fed Pivot Hopes, Yuan Lifted by Intervention By Investing.com

© Reuters. By Ambar Warrick Investing.com-- Most Asian currencies crept higher on Wednesday as markets bet that economic headwinds will force the Federal Reserve into softening its hawkish stance, while the Chinese yuan rose...

PBOC intervention – Chinese state banks sold dollars to support yuan late on Tuesday

> PBOC intervention - Chinese state banks sold dollars to support yuan late on Tuesday ...

Chinese state banks sold dollars to support yuan late on Tuesday

© Reuters. FILE PHOTO: Woman holds Chinese Yuan banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration SHANGHAI/BEIJING (Reuters) - Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets...

Exclusive-China FX regulator surveys banks about positioning as yuan plunges

© Reuters. FILE PHOTO: Chinese 100 yuan banknotes are seen on a counter of a branch of a commercial bank in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon SHANGHAI/BEIJING (Reuters) -China's foreign exchange regulator...
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