China sets yuan at much stronger fixing than markets expected By Reuters
[ad_1] SHANGHAI (Reuters) – China’s central bank set the yuan fixing at the widest gap against Reuters’ estimate in nearly five months, as authorities step...
Morning Bid: Yen and yuan feel the pain By Reuters
[ad_1] © Reuters. A Japanese 1,000 yen banknote and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, January 21, 2016....
China yuan slides to four-month low, state banks step in By Reuters
[ad_1] © Reuters. FILE PHOTO: Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) -China’s yuan...
China’s BYD to give dealers 2 billion yuan for hitting sales target -sources By Reuters
[ad_1] © Reuters. FILE PHOTO: A BYD’s electric vehicle (EV) Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo SHANGHAI...
Analysis-How China talked markets out of a run on the yuan By Reuters
[ad_1] © Reuters. FILE PHOTO: Woman holds Chinese Yuan banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo SINGAPORE (Reuters) – In recent...
China to lower dollar, euro weightings in CFETS yuan basket index in 2024 By Reuters
[ad_1] © Reuters. A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo BEIJING (Reuters) -China will adjust the...
China’s Country Garden may avoid yuan bond default after deal – Bloomberg News By Reuters
[ad_1] © Reuters. FILE PHOTO: The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August...
China opens industrial park for digital yuan CBDC development in Shenzhen By Cointelegraph
[ad_1] China opened an industrial park dedicated to developing the digital yuan ecosystem on Oct. 11, according to Chinese press reports. This is the first...
Yuan exceeds dollar in China’s bilateral trade for first time
SHANGHAI/TOKYO — The yuan was used in 49% of China’s cross-border transactions last quarter, topping the dollar for the first time, a Nikkei analysis shows,...
Digital yuan integration introduced to Chinese business air travel By Cointelegraph
[ad_1] As the pilot program for China’s central bank digital currency (CBDC) — the digital yuan — takes off, Chinese business travelers will reportedly be...