USD/CNY to edge higher towards 6.80 on monetary policy divergence – Danske Bank
The Chinese yuan continues to trade strongly relative to other currencies. But a clear divergence
Financial and Business News
The Chinese yuan continues to trade strongly relative to other currencies. But a clear divergence
Since late July, the Chinese yuan has resumed another round of appreciation. USD/CNY reached a
The People’s Bank of China (PBOC) infused CNY500 billion via one-year medium-term lending (MLF) facility
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3669 on Monday
The People’s Bank of China (PBOC) Governor Yi Gang said on Thursday, the risks from
Moody’s Investors Service offers a stable outlook for China’s financial institution sector, courtesy of the
The CNY appreciated roughly by about 0.65% against USD in November. For 2022, given the
Liu Shijin, an advisor to the People’s Bank of China (PBOC) warned on Monday, the
“In case the US Federal Reserve alters its monetary policy stance, its impact on China's
China’s Vice Commerce Minister Wang Bingnan said on Wednesday, his government will push for more