RMB

PBOC Weakens Yuan Most in Nine Days, Setting It at Lowest Versus Dollar in a Year

PBOC Weakens Yuan Most in Nine Days, Setting It at Lowest Versus Dollar in a Year

PBOC Weakens Yuan Most in Nine Days, Setting It at Lowest Versus Dollar in a Year

Aug 13, 2018
Xu Wei
PBOC Aims to Improve Yuan’s Convertibility in Second Half

PBOC Aims to Improve Yuan’s Convertibility in Second Half

China aims to enhance the yuan’s capital account convertibility in the second half as part of Beijing’s efforts to open…

Aug 2, 2018
Xu Wei
Latest Yuan-Dollar Central Parity Unrest Differs From 811 Devaluation Exodus

Latest Yuan-Dollar Central Parity Unrest Differs From 811 Devaluation Exodus

China's currency has weakened from the psychological upper level of 6.7 versus the US dollar, sliding past the 6.8 mark…

Aug 2, 2018
Zhou Ailin & Song Yikang
China’s Economic Performance Is Robust, With Key Reforms Progressing, IMF Says

China’s Economic Performance Is Robust, With Key Reforms Progressing, IMF Says

China’s economy is sustaining its powerful performance and realizing progress in financial oversight and administration and promoting openness and reform,…

Jul 27, 2018
Xu Wei
China's Yuan Is World's Fifth Most-Used Currency

China's Yuan Is World's Fifth Most-Used Currency

China’s yuan has moved up one place to sixth in a ranking of the most widely used currencies in global payments despite recent falls in value compared to the US dollar.

Jul 27, 2018
Xu Wei
China Has Sufficient Forex Reserves, Continuously Adopts Flexible Fiscal Policies, IMF Says

China Has Sufficient Forex Reserves, Continuously Adopts Flexible Fiscal Policies, IMF Says

China has sufficient foreign exchange reserves currently and external imbalance issues like been significantly improved since the financial crisis, according…

Jul 25, 2018
Zhou Ailin
China Fixes Yuan at Lowest in Over a Year After Rebuffing Trump’s Currency Charge

China Fixes Yuan at Lowest in Over a Year After Rebuffing Trump’s Currency Charge

The People’s Bank of China set the yuan’s central parity rate against the US dollar at the lowest for more…

Jul 24, 2018
Xu Wei
Yuan Slumps to One-Year Low Against Dollar

Yuan Slumps to One-Year Low Against Dollar

Yuan Slumps to One-Year Low Against Dollar

Jul 19, 2018
Xu Wei
Yuan Exchange Rate Fluctuations Remain Within Reasonable Range, Top Economist Says

Yuan Exchange Rate Fluctuations Remain Within Reasonable Range, Top Economist Says

Fluctuations in the Chinese yuan's exchange rate are still within a reasonable range, though it is important to take steps…

Jul 5, 2018
Song Yikang
Firms’ Forex Fervor Fells Yuan, but Dollar Lacks Luster in Second Half, Traders Say

Firms’ Forex Fervor Fells Yuan, but Dollar Lacks Luster in Second Half, Traders Say

Companies’ hastened purchases of foreign currencies is a key cause of the recent quicker yuan drop against the dollar since…

Jul 4, 2018
Zhou Ailin
US-Listed Chinese Stocks, Offshore Yuan Fall on Report US to Block Tech Investment

US-Listed Chinese Stocks, Offshore Yuan Fall on Report US to Block Tech Investment

Shares of Chinese internet companies traded in the US plunged and the offshore yuan slumped against the backdrop of a…

Jun 26, 2018
Xu Wei
Yuan to Make Up 8.5% of Global Forex Reserves by 2020, HSBC Survey Finds

Yuan to Make Up 8.5% of Global Forex Reserves by 2020, HSBC Survey Finds

Foreign exchange reserve managers have expressed confidence in the Chinese yuan’s growing worldwide presence in a new survey with respondents…

Jun 19, 2018
Xu Wei