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China’s yuan flat, economic headwinds cap gains as market eyes annual financial forum
16 Jun 2025 07:03 GMT
… the broad economic outlook and currency vulnerability.
China’s factory output … 0345 GMT, the onshore yuan was 0.01% higher at … later this week.
China’s yuan slips as Middle East tensions … rise
Market participants expect the yuan to continue trading sideways as …
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China’s PBOC renews bilateral currency swap pact with Turkiye’s CBRT
16 Jun 2025 04:03 GMT
… bank recently renewed a bilateral currency swap agreement with its … ) has renewed a bilateral currency swap agreement with its Turkish … renewed upon mutual consent.
Currency swap lines are used by … understanding to set up a yuan clearing arrangement in Turkiye. …
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Turkish Central Bank renews currency swap deal with Chinese People's Bank
13 Jun 2025 15:17 GMT
The Turkish Central Bank announced Friday that it had renewed a Turkish lira-Chinese yuan bilateral swap arrangement with the People's Bank of China.
Turkish Central Bank Governor Fatih Karahan and People's Bank Governor Pan Gongsheng signed the …
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Turkish central bank, People's Bank of China renew currency swap deal
13 Jun 2025 12:08 GMT
… had renewed its bilateral currency swap agreement with … 35 billion Chinese yuan in local currency swaps between … reduce exposure to external currency volatility. The CBRT said … understanding on establishing a renminbi (yuan) clearing arrangements which would …
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Balance of China's deposits in yuan up 8.1 pct at May end
13 Jun 2025 11:52 GMT
… increased by 8.3 trillion yuan, while deposits from non- … 07 trillion yuan.
The outstanding amount of domestic and foreign currency deposits … trillion yuan at the end of May.
The balance of foreign currency … year on year. Foreign currency deposits rose by 137.2 …
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China renews bilateral currency swap agreement with Türkiye
13 Jun 2025 11:52 GMT
… bank, has renewed a bilateral currency swap agreement with the Central … this agreement is 35 billion yuan (about 4.88 billion U … of understanding to establish a yuan clearing arrangement in Türkiye.
These …
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Hong Kong can power yuan’s international ascent: HSBC co-CEO
13 Jun 2025 10:37 GMT
… advancing the internationalisation of its currency, according to HSBC’s … key role in promoting the yuan’s internationalisation by expanding … Kong could further scale up yuan-denominated trade finance, he … said the yuan was now the third most used currency for …
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China’s yuan fixing rate hits 2-month high as US dollar drops
13 Jun 2025 09:36 GMT
… ’s central bank set the yuan’s daily fixing against the … Bank of China set the yuan’s midpoint rate – also known … Federal Reserve.
Confidence in the currency has also wavered after US … , lending relative strength to the yuan.
While an agreement “in principle …
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China’s yuan slips as Middle East tensions rise
13 Jun 2025 07:04 GMT
… to lend support to the yuan.
Yuan slips as investors wait … a trade-weighted basis, the yuan has been underperforming, allowing … Reuters estimates.
The offshore yuan has firmed towards 7.17 … , said Chang Wei Liang, currency and credit strategist at DBS …
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Coconut water company IFBH moves closer to cracking Hong Kong’s IPO market
16 Jun 2025 09:43 GMT
… the year to include a yuan counter in the southbound channel … Hong Kong stocks with the Chinese currency.
“We aim to solidify our …