Tag: yuan

China’s main state banks defend yuan as inventory markets slide

© Reuters. Chinese language Yuan banknotes are seen on this illustration image taken June 14, 2022. REUTERS/Florence Lo/Illustration (Reuters) - China's main state-owned banks have been heavy sellers of {dollars} on Wednesday, three folks...

Yuan slides after PBOC, greenback little modified on MLK Day By Reuters

© Reuters. U.S. Greenback and Chinese language Yuan banknotes are seen on this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration By Joice Alves and Rae Wee LONDON/SINGAPORE (Reuters) -The yuan fell on Monday to...

Evaluation-How China talked markets out of a run on the yuan By Reuters

© Reuters. FILE PHOTO: Lady holds Chinese language Yuan banknotes on this illustration taken Could 30, 2022. REUTERS/Dado Ruvic/Illustration/File Picture SINGAPORE (Reuters) - In current months, China has sought to stabilise the yuan by...

China to decrease greenback, euro weightings in CFETS yuan basket index in 2024 By Reuters

© Reuters. A China yuan word is seen on this illustration photograph Could 31, 2017. REUTERS/Thomas White/Illustration/File Picture BEIJING (Reuters) -China will regulate the weightings of two key yuan index baskets in 2024, the...

Financial institution of China has lower charges on some yuan deposits (NOT PBOC!)

Excessive threat warning: Overseas alternate buying and selling carries a excessive stage of threat that might not...

Yuan and Aussie greenback hit three-month highs as U.S. greenback weakens By Investing.com

© Reuters. LONDON - The yuan and Australian greenback ascended to three-month peaks at the moment, buoyed by strategic strikes from China's central financial institution and a softening U.S. greenback, which hit a...
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