PBOC Sets USD/CNY Reference Rate at 6.7167 for Tuesday Trading
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…
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…
China extends the suspension of 24% tariffs on US goods for two months starting November 10, boosting market sentiment and lifting the…
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…
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…
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…
The PBoC is raising the foreign-currency reserve requirement ratio to 6% on 15 November, a move UOB analysts expect will lead to…
The PBOC fixed the USD/CNY central rate at 6.7150, slightly weaker than the previous day's 6.7146, as market participants monitor the central…
OCBC analysts maintain a constructive outlook for the Renminbi, citing supportive PBoC fixings and anticipated USD weakness as key drivers for a…