Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak economy has led ...
Market participants optimistic that new provisions for offshore repos of onshore bonds is first step towards mainland access ...
The USD/CNY exchange rate held steady this week in a low-volume environment because of the New Year celebrations. The renminbi traded at 7.3000 on Tuesday morning, its lowest level since November 2023 ...
China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of ...
The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi ...
The central parity rate of the Chinese currency renminbi or the yuan strengthened 7 pips to 71696 against the US dollar Wednesday according to t ...
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong ...
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...