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China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.
PBOC to issue 60b yuan central bank bills in Hong Kong
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi liquidity management and stabilizing the yuan exchange rate.
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending policies may further weaken the battered yuan.
19h
on MSN
China Boosts FX Support as Yuan Heads Toward Policy Red Line
China stepped up its support for the yuan as the managed currency weakened toward a policy no-go area — the edge of its ...
16h
Yuan eases to 16-month low, pressured by strong dollar
China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
1d
Chinese yuan to stay resilient, rebound despite headwinds
DESPITE external headwinds, the Chinese yuan is expected to maintain its resiliency and rebound later this year, thanks to ...
23h
China Steps Up Measures to Boost Spending, Defend the Yuan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
gulftoday
3d
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, ...
Business Times
3d
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
1h
on MSN
Here Are the Tools That China Uses to Manage the Yuan
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
gulftoday
2d
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 ...
2d
China hurries to shore up sliding yuan and stock markets
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
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