China’s Central Bank Beefs Up Support As Yuan Nears 16-Month Low
China’s currency has had a rough start to 2025. It is nearing a 16-month low and many economists predict it has further to ...
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 ...
Here Are the Tools That China Uses to Manage the Yuan
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
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 ...
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.
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PBOC to issue 60b yuan central bank bills in Hong Kong
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which ...
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China to increase finance support for green, low-carbon development: central bank official
BEIJING -- China's financial sector will promote the steady growth of green finance in support of green and low-carbon ...
Live news: Pound weakens to 14-month low against dollar
The pound extended its slide against a resurgent dollar on Thursday morning to hit a 14-month low. The pound weakened 0.7 per cent to $1.23, its weakest since November 2023, as the dollar index, which ...