PBOC Sets USD/CNY Reference Rate at 6.7191, Signaling Softer Renminbi
The PBOC fixed the USD/CNY reference rate at 6.7191, surpassing both the prior 6.7167 fix and the 6.6855 Reuters estimate, signaling a…
The PBOC fixed the USD/CNY reference rate at 6.7191, surpassing both the prior 6.7167 fix and the 6.6855 Reuters estimate, signaling a…
The PBOC fixed the USD/CNY reference rate at 6.7167, coming in well above the 6.6655 Reuters estimate and suggesting a cautious approach…
Gold gains over 1.50% to trade above $4,130 as a 6% slump in WTI crude oil drags the US Dollar Index down…
The People's Bank of China adjusted the USD/CNY central parity rate to 6.7188 on Monday, up from the previous day's level of…
Solana faces regulatory headwinds in China as authorities halt a Shanghai event, alleging the network's promotional activities and technical services violate strict…
The PBOC set the USD/CNY central rate at 6.7168, marking a marginal shift from the previous 6.7156 fix as the central bank…
Societe Generale sees the renminbi nearing a peak as the PBoC employs FX reserve requirement hikes and fixing adjustments to curb further…
USD/CNH faces near-term consolidation after the PBoC hiked the FX reserve ratio to 6%, signaling a policy intent to moderate the pace…
The PBOC fixed the USD/CNY reference rate at 6.7156, showing a marginal move toward yuan strength while remaining well above market estimates,…
The PBoC is tightening FX liquidity by raising reserve requirements to 6% to slow the yuan's appreciation, though analysts at MUFG note…
USD/CNY and USD/CNH climbed to 6.67 after the PBoC tightened reserve requirements to curb rapid yuan gains, a move Commerzbank views as…
The PBOC set the USD/CNY reference rate at 6.7180, surpassing both the previous fix of 6.7150 and market expectations of 6.6811, signaling…