The offshore yuan rose to around 6.76 per dollar on Monday, its strongest level since mid-June, as easing geopolitical tensions in the Middle East reduced safe-haven demand for the US dollar.US Ambassador Mike Waltz said President Trump had paused strikes on Iran for a second consecutive night to f…
The offshore yuan edged up to around 6.77 per dollar on Thursday, as expanding liquidity in Hong Kong highlighted progress in China's efforts to internationalize its currency.Offshore yuan deposits in the city reached a record 1.13 trillion yuan at the end of May, while yuan clearance volume rose t…
The offshore yuan traded around 6.76 per dollar on Tuesday, reaching its strongest level in a month, supported by firmer official guidance from the People's Bank of China.The central bank set the daily midpoint rate at 6.7917 per dollar, 31 pips stronger than the previous fixing of 6.7948.The lates…
The offshore yuan hovered around 6.77 per dollar on Monday, remaining near a one-week low as investors weighed escalating tensions in the Middle East and the People's Bank of China's decision to leave key lending rates unchanged.Sentiment remained fragile after the US launched fresh airstrikes agai…
The Chinese Yuan touched 6.77 against the USD, the highest since June 2026.Over the past 4 weeks, US Dollar Chinese Yuan lost 0.16%, and in the last 12 months, it decreased 5.82%.
The offshore yuan weakened to around 6.78 per dollar on Monday, retreating from a near three-week high reached in the previous session as escalating tensions in the Middle East boosted demand for safe-haven assets.The US dollar strengthened as surging oil prices revived expectations that the Federa…
China’s offshore yuan strengthened to around 6.78 per dollar on Friday, extending gains from the previous session to its strongest level in nearly three weeks after the People’s Bank of China signaled greater tolerance for currency appreciation.The central bank set the yuan’s daily reference rate a…
The offshore yuan rose to around 6.79 per dollar on Thursday, snapping a three-session losing streak, as stronger producer-price growth reinforced expectations that deflationary pressures are easing despite still-muted consumer demand.Annual producer inflation rose to 4.1% in June from 3.9% in May…
The offshore yuan depreciated to around 6.80 per dollar on Tuesday, extending losses from the previous session and hitting a one-week low as investors weighed the latest outlook for China's economy.The World Bank projected China's economic growth to slow to 4.4% in 2026 and 4.3% in 2027, citing a p…
The offshore yuan weakened to around 6.79 per dollar on Monday, reversing gains from the previous session as renewed concerns over China's economic outlook weighed on sentiment.A private survey showed that the Manufacturing PMI eased to a three-month low of 51.7 from 51.8 in May.The reading followe…
The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger US dollar and a series of softer-than-expected daily fixings from the People's Bank of China weighed on the currency.The dollar strengthened as investors priced in higher-for-longer…
