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PBOC, Yuan
PBOC Reinforces Yuan Support With Fixing Stronger Than Key Level
China reaffirmed its support for the yuan after a sudden drop in the currency late last week fanned speculation that policymakers will greenlight a sharper depreciation.
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. Read more at The Business Times.
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 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.
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.
5d
on MSN
PBOC Seen Delaying Reserve Ratio Cut After $233 Billion Cash Injection Last Month
China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as ...
5h
Bitcoin Price Rally Could Be Accelerated by China's Market Meltdown, Crypto Observer Says
The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ...
1d
PBoC reiterates rates, reserve ratio to be cut ‘at appropriate time’
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
Yicai Global
18h
China’s Central Bank, Forex Regulator Signal Commitment to Steady Yuan Exchange Rate
The PBOC is likely to cut the reserve requirement ratio by 50 bps in the first and third quarters this year to support ...
3d
on MSN
China’s PBOC Vows More Support for Innovation and Consumption
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
1d
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 ...
4d
PBOC says rate cuts are likely in 2025 at an appropriate time
The People's Bank of China (PBOC) said on Friday that it is likely to cut interest rates from the current level of 1.5% "at ...
4d
China's cenbank warns mutual funds against feeding bond frenzy, sources say
China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said ...
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