Feature Yuan rises as preferred carry trade currency Aya El Sayed Mar 25, 2024 0 The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
Banks China’s c. bank injects 324b yuan to boost banking system Nada Ali Feb 28, 2024 0 The People's Bank of China (PBOC) issued 324 billion yuan ($44.87 billion) through 7-day reverse repurchase…
International News Russia in talks with China on yuan loan Nada Ali Feb 26, 2024 0 Russia's Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining…
Feature Yuan bounces as China mulls market bailout Nada Ali Jan 23, 2024 0 The Chinese yuan and Australian dollar rebounded slightly on Tuesday following Beijing plans to put about two…
News China’s major banks move to support yuan Nada Ali Jan 22, 2024 0 China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Feature Yuan falls against dollar after PBOC holds rate Nada Ali Jan 15, 2024 0 China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…
Feature Putin: over 80% of trade between Russia, China carried out in Rubles, Yuan Nada Ali Jul 4, 2023 0 Russian President Vladimir Putin said on Tuesday that 80 percent of China's trade transactions are in yuan and…
International News Argentina to pay its IMF debt with yuan due to dollar shortage Nada Ali Jul 3, 2023 0 For the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment that came in…
Money China’s central bank alerts against yuan speculation Esraa Ibrahim Sep 29, 2022 0 The People’s Bank of China alerted on Wednesday against betting on the yuan, after its rapid drop against the U.S.…
News Dollar jumps, Yuan falls Esraa Ibrahim Aug 15, 2022 0 U.S. dollar jumped on Monday after a new batch of disappointing data from China bolstered global recession worries.