chinese yuan

Preparing for US-China trade negotiations and publication of statistics In this review, we suggest considering the personal composite instrument (PCI) CNHRUB. It reflects the price dynamics of the Chinese yuan against the Russian ruble. Will the CNHRUB rise? Such a movement on the chart is...

China’s yuan gained the most in three weeks as the People’s Bank of China set a stronger reference rate to reflect an overnight drop in the dollar. Government bonds declined. The ICE’s Dollar Index, which tracks the greenback against the currencies of six major U.S. trading partners, slumped...

The yuan had its biggest weekly gain in more than two months on speculation Federal Reserve purchases of Treasuries will boost the supply of dollars, weakening the greenback. Bonds were little changed. The yuan strengthened for a fourth day against the U.S. currency, which was headed for a...

China’s central bank reiterated a “moderately-loose” monetary policy for this year and said it would keep the yuan basically stable. China’s exchange rate will be “‘basically stable at a reasonable and balanced level,” the People’s Bank of China said in a statement before a press briefing in...