The yuan is emerging as a preferred funding currency for carry trades in the global market, following …
"yuan"
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BanksFeatureInternational NewsNews
China’s c. bank injects 324b yuan to boost banking system
by Nada Aliby Nada AliThe People’s Bank of China (PBOC) issued 324 billion yuan ($44.87 billion) through 7-day reverse repurchase operations …
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Russia’s Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining loans in …
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FeatureInternational NewsNewsStocksWorld
Yuan bounces as China mulls market bailout
by Nada Aliby Nada AliThe Chinese yuan and Australian dollar rebounded slightly on Tuesday following Beijing plans to put about two …
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BanksFeatureforex newsInternational NewsNewsThe Watch
China’s major banks move to support yuan
by Nada Aliby Nada AliChina’s major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the yuan, …
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FeatureInternational NewsNewsStocksWorld
Yuan falls against dollar after PBOC holds rate
by Nada Aliby Nada AliChina’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Putin: over 80% of trade between Russia, China carried out in Rubles, Yuan
by Nada Aliby Nada AliRussian President Vladimir Putin said on Tuesday that 80 percent of China’s trade transactions are in yuan …
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FeatureInternational NewsNews
Argentina to pay its IMF debt with yuan due to dollar shortage
by Nada Aliby Nada AliFor the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment …
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FeatureFinancial Institutionsforex newsIndustry & TradeInternational NewsMoneyNewsTech/AIThe Watch
China’s central bank alerts against yuan speculation
The People’s Bank of China alerted on Wednesday against betting on the yuan, after its rapid drop …
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U.S. dollar jumped on Monday after a new batch of disappointing data from China bolstered global recession …