Russian banks say they’ve run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with nearly all Chinese banks stopping transactions…
China’s major state banks defend yuan as stock markets slide – sources
China's major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said,…
China’s state banks seen mopping up offshore yuan liquidity – sources
SHANGHAI (Reuters) - China's major state-owned banks were seen actively mopping up offshore yuan liquidity on Monday, three people with…
China’s state banks seen mopping up offshore yuan liquidity – sources By Reuters
© Reuters. FILE PHOTO: Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022.…
China’s stocks hit nine-month lows, yuan fall as Beijing’s support fails to impress
The onshore yuan eased roughly 0.3 per cent to about 7.30 per dollar.The dip came despite Beijing's recent vow to…
China surprises with modest rate cut amid growing yuan risks By Reuters
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China,…
Dollar set for fifth winning week on Fed bets, PBOC supports yuan
TOKYO : The dollar headed for a fifth winning week versus major peers, the longest streak for 15 months, as…
Exclusive-China’s major state banks sell dollars for yuan in London, NY hours – sources
SHANGHAI (Reuters) - China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and…
Exclusive-China’s major state banks sell dollars for yuan in London, NY hours – sources
SHANGHAI : China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore…
Asia stocks stall, yuan slips as China cuts rates By Reuters
© Reuters. FILE PHOTO: A woman walks past a man examining an electronic board showing Japan's Nikkei average and stock quotations…