The new 100 billion yuan trade financing facility will help to reinforce Hong Kong's position as the world's leading offshore yuan hub In a welcome move, Hong Kong's leading banks will get a big ...
China's CFETS basket, which measures the yuan's value against currencies of its major trading partners, is down 1.4% this year but above the 100-mark implying the yuan has been stronger than ...
The offshore yuan traded at 7.3039 yuan per dollar ... The official trade-weighted CFETS index stood at 100.91 on the day and has gained 3.58% year-to-date.- Reuters ...
the People's Bank of China has conducted a treasury bond trade - with a net purchase totalling 100 billion yuan (US$14.1 billion) in late August. The rare use of such a monetary tool has ushered ...
BEIJING (Reuters) - China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market play a ...