Tag: CNY
Onshore Yuan (CNY USD) Falls to Four-Month Low After Key Level Breached
China’s tentative loosening of its vise-like grip on the yuan unleashed a slide in the currency and pulled down its Asian peers along the way.The onsh [...]
ForexLive Asia-Pacific FX news wrap: Verbal JPY intervention vs. CNY buying intervention
Japan's
Finance Ministry's Vice Finance Minister for International Affairs
Kanda spoke in the Tokyo morning. Kanda is the MoF official who will
instr [...]
China Tries to Support Weak Yuan (CNY USD) With Forex Reserve Ratio Cut
China reduced the amount of foreign currency deposits banks are required to hold as reserves for the first time this year, in a more visible step to p [...]
How China Can Support Yuan (CNY USD) as Pessimism Lingers Over FX
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if it is serious about quashing pessimism toward the managed currency. [...]
PBOC sets USD/ CNY central rate at 6.8847 (vs. estimate at 6.8853)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu [...]
Asset servicing industry news | State Street grows onshore China CNY FX trading business
State Street has been appointed by China’s Harvest Fund Management to provide onshore CNY foreign exchange (FX) hedg [...]
PBOC sets USD/ CNY mid-point today at 7.2472 (vs. estimate at 7.2523)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu [...]
FX Traders Expect Strong Dollar to Plunge Yen, Yuan, Won JPY CNY KRW USD – Bloomberg
FX Traders Expect Strong Dollar to Plunge Yen, Yuan, Won JPY CNY KRW USD Bloomberg
www.bloomberg.com [...]
ForexLive Asia-Pacific FX news wrap: PBOC set CNY to its lowest since September 2020
The
US dollar strength seen on Thursday followed through, to a smaller
extent, during the timezone here. The USD rose pretty much across the
board. U [...]
‘forex Kitty May Rise Again’ | Mumbai News
Mumbai: India’s forex reserves, which dipped below $600 billion, could rise again as the RBI engages in forex swap transactions, bankers say. The decl [...]
ForexLive Asia FX news wrap: Further fall for the CNY
There was little fresh news nor data of impact for major forex rates.
It was a holiday in Japan today. There are more next week in both Japan and [...]
China zero-Covid lockdowns, CNY holiday impact supply chains, ports
Streets in Tianjin, China, empty out on Jan. 10, 2022, as the city enters partial lockdown following a spike in omicron cases.Geno Hou | Future Publis [...]
ForexLive Asia FX news wrap: Weaker than expected CNY mid-rate setting
It was a session of limited range trade pretty much across the major forex rate board. Its not overly unusual, of course, for Asia to track small r [...]
PBOC units USD/ CNY reference charge for right this moment at 6.5593 (vs. yesterday at 6.5762) – ForexLive
PBOC units USD/ CNY reference charge for right this moment at 6.5593 (vs. yesterday at 6.5762) ForexLive
www.forexlive.com [...]
PBOC units USD/ CNY reference price for as we speak at 6.7296 – ForexLive
PBOC units USD/ CNY reference price for as we speak at 6.7296 ForexLive
www.forexlive.com [...]