Chinese banks helped clients sell a record amount of foreign currencies back into the yuan in December, supercharged by ...
The People’s Bank of China’s fixings have now moved from supporting a stronger CNY towards pushing back against the pace of ...
The key thing to watch moving forward is how much the PBoC pushes back against appreciation. We expect yield spreads could still have some room for further narrowing this year, but likely at a slower ...
2-Year U.S. Treasury Note Continuous Contract $104.363-0.051-0.05% 5-Year U.S. Treasury Note Continuous Contract $109.219-0.078-0.07% 10-Year U.S. Treasury Note Continuous Contract $112.297-0.125-0.11 ...
A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. [Photo/IC] The central parity rate of the Chinese ...
Investing.com-- U.S. dollar was mildly higher on Wednesday amid thin year-end trading as investors largely stayed on the sidelines and the U.S. dollar edged slightly higher after a recent pullback.
SHANGHAI: China’s onshore yuan broke through the psychologically important 7-per-dollar level on Tuesday for the first time in 2-1/2 years, despite the central bank setting a weaker midpoint, as ...
Leading banks from Southeast Asia and the Middle East – including OCBC, Bangkok Bank, First Abu Dhabi Bank and Qatar National Bank – have joined the Hong Kong Monetary Authority’s (HKMA) expanded yuan ...
The Chinese yuan is rising against the US dollar, prompting the nation’s central bank to purchase USD. The yuan rose 0.2% against USD earlier this week to 6.9964 yuan per US dollar, forcing the People ...