China Boosts FX Support as Yuan Heads Toward Policy Red Line
China stepped up its support for the yuan as the managed currency weakened toward a policy no-go area — the edge of its allowed trading range against the dollar.
China's Central Bank Halts Bond Purchases to Support Yuan
On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin (BTC). The People's Bank of China announced that it will stop purchasing government bonds this month as their demand now overshadows the supply.
China’s Central Bank Suspends Bond Buying as Yields, Yuan Fall
The move comes as long-term yields on Chinese bonds hit fresh lows amid expectations of more monetary policy easing.
China's central bank halts bond buying as yuan struggles
China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been sliding since the election of Donald Trump as U.
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
China's central bank halts bond buying, possibly with eye on yuan
China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring ...
China Steps Up Measures to Boost Spending, Defend the Yuan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Yuan eases to 16-month low, pressured by strong dollar
China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
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Yuan slips to new 16-month low even as PBOC extends support
HONG KONG - China's yuan initially firmed on Friday after the central bank said it would suspend treasury bond purchases, ...
Yuan Short Sellers Squeezed by Soaring Hong Kong Funding Costs
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the ...
Chinese yuan to stay resilient, rebound despite headwinds
DESPITE external headwinds, the Chinese yuan is expected to maintain its resiliency and rebound later this year, thanks to ...
How does PBOC’s yuan fixing impact global FX markets?
The PBOC’s daily yuan fixing influences global FX markets, impacts trade balances, and shapes currency trends across Asia and ...
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Executive Yuan approves leakage reduction plan
The Executive Yuan yesterday approved an eight-year, NT$80.8 billion (US$2.45 billion) plan to reduce water leakage ratios at ...
China boasts capabilities to keep yuan basically stable at adaptive and balanced level
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.