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PBOC, Yuan
Yuan slips to new 16-month low even as PBOC extends support
HONG KONG - China's yuan initially firmed on Friday after the central bank said it would suspend treasury bond purchases, triggering a jump in bond yields, but later fell back to fresh 16-month lows.
China Pushes Back Against Yuan Weakness After Last Week’s Slide
China reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC
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.
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.
2d
on MSN
China Boosts Yuan Support as Dollar Strength Pressures Asia
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
gulftoday
4d
China’s yuan hits 16-month low despite firmer guidance
China’s yuan hit a fresh 16-month low against the dollar on Monday, weighed by trade concerns and falling yields and defying ...
7d
China’s yuan hits 2-year low, Asian currency pressure rises, as US dollar strengthens
And China’s ‘moderately loose’ monetary policy could further widen interest-rate differentials, straining the yuan more, ...
1d
on MSN
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central ...
gulftoday
5d
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, ...
ThePrint
4d
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 ...
1d
China boasts capabilities to keep yuan basically stable at adaptive and balanced level
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
Business Times
14h
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak ...
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