Tag: yuan

China’s digital yuan foray sees transactions surpass ¥100 billion

The number is put out by the PBOC, with the spending covering 360 million transactions in plot areas involving 15 provinces and municipalities. According to the central bank, there are more than 5.6...

Analysis-China digs deep into bag of yuan tricks to resist dollar steamroller By Reuters

© Reuters. FILE PHOTO: Woman holds Chinese Yuan banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo SHANGHAI (Reuters) - Chinese authorities have rolled out an array of tried-and-true manoeuvres in recent...

Russian business lobby calls for c. bank to accelerate yuan reserves By Reuters

© Reuters. Banknotes of Chinese yuan and Russian rouble are seen amid flags of China and Russia in this illustration picture taken September 15, 2022. REUTERS/Florence Lo/Illustration MOSCOW (Reuters) - Russia's top business lobby...

Chinese Yuan Hit by Mixed PMIs, Asia FX Eyes Steep Monthly Losses By Investing.com

© Reuters. By Ambar Warrick Investing.com-- China’s yuan fell on Friday following mixed signals from business activity data, while Asian currencies headed for steep monthly losses as a hawkish Federal Reserve and a robust...

China’s yuan snaps eight-day losing streak after strong PBOC warning By Reuters

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/ SHANGHAI (Reuters) -China's yuan bounced on Thursday from a 14-year low against the dollar hit...

China’s yuan unlikely to continue rapid depreciation -state media By Reuters

© Reuters. FILE PHOTO: Chinese yuan banknotes are seen in this illustration picture taken April 25, 2022. REUTERS/Florence Lo/Illustration/ SHANGHAI (Reuters) - is unlikely to continue depreciating rapidly, the state-owned Securities Times said...
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