China yuan
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Dollar Rises as Traders Anticipate U.S. Inflation Data Amid Market Volatility While Yen and Yuan Face Pressure
The U.S. dollar edged higher on Tuesday as financial markets braced for upcoming U.S. inflation data, with traders keenly watching the Consumer Price Index (CPI) scheduled for release on Wednesday. The yen hovered near a two-week low, raising concerns about potential intervention by Japanese authorities. 
The U.S. dollar edged higher on Tuesday as financial markets braced for upcoming U.S. inflation data, with traders keenly watching the Consumer Price Index (CPI) scheduled for release on Wednesday. The yen hovered near a two-week low, raising concerns about potential intervention by Japanese authorities. -
China's Yuan Dips to Four-Month Low as State Banks Intervene to Stabilize Currency
China's yuan experienced a notable drop to a four-month low against the US dollar, prompting immediate action from state-owned banks to shore up the currency. 
China's yuan experienced a notable drop to a four-month low against the US dollar, prompting immediate action from state-owned banks to shore up the currency. -
China's Banks Intervene to Bolster Yuan Amid Stock Market Tumble
China's state-owned banks actively intervened in the foreign exchange market on Monday, as the nation's stock markets experienced a significant slump. This initiative marks a concerted effort by Beijing to counteract the negative sentiment impacting equities and the broader financial landscape. 
China's state-owned banks actively intervened in the foreign exchange market on Monday, as the nation's stock markets experienced a significant slump. This initiative marks a concerted effort by Beijing to counteract the negative sentiment impacting equities and the broader financial landscape. -
Yuan's Surge Against the Dollar Signals Potential Short-Term Appreciation Trend
The onshore yuan closed against the dollar at 7.1747 on Monday, marking a rise of 718 basis points from the previous trading day and reaching its highest point since August 2. The onshore yuan closed against the dollar at 7.1747 on Monday, marking a rise of 718 basis points from the previous trading day and reaching its highest point since August 2. -
Central Banks Must Step Up Amid "Balance Sheet Recession" Concerns
On September 22, Gu Zhao Ming, Chief Economist of Nomura Research Institute, addressed the Bund Financial Summit, revisiting the concept of a "balance sheet recession." 
On September 22, Gu Zhao Ming, Chief Economist of Nomura Research Institute, addressed the Bund Financial Summit, revisiting the concept of a "balance sheet recession." -
China's Central Bank Boosts Cross-Border Financing, Offshore Yuan Rises Over 500 Points
In a one-two punch aimed at stabilizing the renminbi, the People's Bank of China and the State Administration of Foreign Exchange have today raised the parameters for cross-border financing macroprudential regulation. This action has sparked a sharp rise in the value of the renminbi. In a one-two punch aimed at stabilizing the renminbi, the People's Bank of China and the State Administration of Foreign Exchange have today raised the parameters for cross-border financing macroprudential regulation. This action has sparked a sharp rise in the value of the renminbi. -
Regulatory Directive Lowers Dollar Deposit Rates in Chinese State Banks: A Strategic Move to Bolster the Yuan
In a move that appears aimed at reinforcing China's currency, the yuan, an autonomous regulatory entity supervised by the People's Bank of China (PBOC) has instructed key state-owned banks to diminish interest rates on dollar deposits, according to insiders with first-hand knowledge of the matter. In a move that appears aimed at reinforcing China's currency, the yuan, an autonomous regulatory entity supervised by the People's Bank of China (PBOC) has instructed key state-owned banks to diminish interest rates on dollar deposits, according to insiders with first-hand knowledge of the matter. -
Economic Recovery May Push China's Yuan to Further Decline Amid Global Pandemic
Recent setbacks in China's post-pandemic economic resurgence have led to a six-month low for the yuan against the dollar, with analysts predicting the possibility of further depreciation. The world's second-largest economy is grappling with numerous challenges as it seeks to steady its course. 
Recent setbacks in China's post-pandemic economic resurgence have led to a six-month low for the yuan against the dollar, with analysts predicting the possibility of further depreciation. The world's second-largest economy is grappling with numerous challenges as it seeks to steady its course. -
Japan-centric Stocks Lure Chinese Investment Amid Skyrocketing Nikkei, Prompting Risk Advisories
Chinese investors are exhibiting escalating interest in Japan-focused equity funds, as the Nikkei Index soars to peaks unseen in over three decades. However, this growing enthusiasm has led fund managers to issue consecutive alerts about potential market hazards. Chinese investors are exhibiting escalating interest in Japan-focused equity funds, as the Nikkei Index soars to peaks unseen in over three decades. However, this growing enthusiasm has led fund managers to issue consecutive alerts about potential market hazards. -
Yuan Gains Traction in International Trade as China Builds Parallel System to US Dollar
China's yuan is steadily gaining ground in international payments, which analysts believe could establish an alternative trade system alongside the dominant US dollar. Recent data reveals that in March, more cross-border transactions with China were settled in yuan than in dollars for the first time. Argentina also announced its intention to regularly pay for Chinese goods in yuan rather than dollars. 
China's yuan is steadily gaining ground in international payments, which analysts believe could establish an alternative trade system alongside the dominant US dollar. Recent data reveals that in March, more cross-border transactions with China were settled in yuan than in dollars for the first time. Argentina also announced its intention to regularly pay for Chinese goods in yuan rather than dollars.
