Chinese Yuan Extends Weakness Despite Booming Exports
The Chinese yuan maintained its weakness to start the trading week, making the currency turn flat against its US peer for the year. The yuan…
Posts Tagged: Reverse Repos
USD/CNY on 6.8 Target As Exports Rebound, PBoC Firms Policy
The Chinese yuan is continuing to home in on the 6.8 target against the US dollar on Monday as robust exports and a firmer-than-expected central…
Chinese Yuan Slips As PBoC Injects Liquidity Into Banking System
The Chinese yuan is slightly weakening against its major currency rivals on Thursday as the central bank continues to pump liquidity into the banking system….
Chinese Yuan Rises As PBoC Injects More Liquidity Into Economy
The Chinese yuan is strengthening against some of its currency rivals to start the trading week. The yuan, which has been appreciating in the aftermath…