Browsing: Yuan
Latest Yuan news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.
Yen Jumps as Traders Load Up on BOJ Hike Bets; RBI Cuts, PBOC Caps Yuan, Metals Outshine Bitcoin Ahead of…
PBOC sets yuan fix at strongest since October 2024, tightens grip on USD/CNY China’s central bank delivered a firmer-than-expected yuan fix on Tuesday, setting a clear anchor for Asia FX and signaling continued resolve to… (via Bpaynews real-time desk)
Goldman Sachs Extends Yuan Appreciation Call, Targets USD/CNY 6.85 in 12 Months Goldman Sachs has rolled forward its USD/CNY projections while maintaining a constructive stance on the renminbi, anticipating a measured appreciation over the coming… (via Bpaynews real-time desk)
Headline: Mizuho Rebuts Claims China Is Forcing Down the Offshore Yuan A fresh analysis challenges the narrative that Beijing is deliberately weakening the offshore yuan. The study argues the yuan is neither undervalued nor being… (via Bpaynews real-time desk)
Title: China Prioritizes Yuan Stability Over Exports as PBOC Takes Measures to Defend Currency In a strategic pivot emphasizing long-term economic stability, China has recently shifted its focus away from export-led growth to prioritize the… (via Bpaynews real-time desk)