The offshore yuan has continued to appreciate against the US dollar this month, with this trend intensifying recently, reflecting growing expectations for a sustained improvement in China's ...
China’s onshore yuan erased its year-to-date losses amid bets capital will flow back to the country as the dollar weakens. The currency rose as much as 0.5% to 7.0905 per dollar on Thursday ...
When China’s home-grown ARJ21 regional jet was delivered to Indonesian airline TransNusa in May, the leasing deal was carried out using the yuan, with the arrangement hailed as a milestone in ...
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Trades involving borrowing yuan to buy higher-yielding assets are set to be more resilient as China’s central bank keeps its monetary policy dovish, Royal Bank of Canada says. The yuan carry ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The yuan is accounting for a growing share of international payments. This mirrors a steady progress in the yuan's internationalization, which helps diversify payment options, and gives the market ...
After the U.S. and its allies sanctioned Russia in 2022 for its invasion of Ukraine, Moscow turned away from the dollar and euro in international transactions and relied more on China’s yuan.
SHANGHAI, Aug 23 (Reuters) - China's yuan inched higher against a softer dollar on Friday and looked set for the fifth straight weekly gain, its longest winning streak in more than three years.
Jada Yuan is a writer for The Washington Post's Style section with a focus on culture and entertainment. For The Post, she's criss-crossed the country following national political campaigns ...
SHANGHAI, Aug 23 (Reuters) - Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to ...
The yuan carry trade differs from the yen one as it mainly involves exporters and multinationals instead of speculators, Macquarie Group Ltd. data shows. Carry trades, which involve seeking to ...