China’s currency has had a rough start to 2025. It is nearing a 16-month low and many economists predict it has further to ...
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and ...