Chinese Yuan Posts Modest Gain on PBoC’s $154 Billion Liquidity Injection
The Chinese yuan strengthened against its most traded currency counterparts, including the US dollar, to kick off the trading week. The yuan, which has had…
Posts Tagged: Reserve Requirement Ratio
Chinese Yuan Endures Biggest One-Day Slump Since March
The Chinese yuan suffered its biggest one-day drop against multiple currency rivals since March. The currency has rallied since the height of the COVID-19 pandemic,…
Chinese Yuan Mixed As PBoC Expected to Cut Interest Rates, RRR in H2
The Chinese yuan is mixed against its most-traded currency counterparts on Tuesday as policymakers and investors begin to look to the second half of 2020….
Chinese Yuan Struggles for Direction Amid PBoC Rate Cut
The Chinese yuan is struggling for direction against its main currency rivals on Monday. Despite the central bank cutting a key interest rate in the…
Chinese Yuan Weakens As PBoC Pumps More Liquidity Into Economy
The Chinese yuan is weakening against the US dollar as the central bank pumps more liquidity into the financial system to shore up the economy….
Chinese Yuan Mixed As PBoC Cuts RRR to Help Small Business
The Chinese yuan is mixed on Monday after the People’s Bank of China (PBoC) announced that it would be lowering the amount small banks are…