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CBM injects $144M, 321M baht, 12M yuan into financial market in Dec
02 Jan 2025 23:53 GMT
… sale of 10 million yuan to importers via foreign exchange trading platforms on … through foreign exchange trading platforms. Then, it sold about 900,000 yuan on … who attempt to manipulate the currency market under the existing laws. CBM …
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China's central bank injects 24.8 billion yuan into banking system
02 Jan 2025 16:12 GMT
… future.
In the foreign exchange market, the Chinese yuan rose against the dollar … reference rate reached 7.1879 yuan per dollar, down five … trading day in the spot foreign exchange market.
It is worth … the reference rate of the yuan against the dollar is …
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Chinese yuan strengthens against USD Thursday
02 Jan 2025 15:54 GMT
Chinese yuan strengthens against USD Thursday
2 … parity rate of the Chinese currency renminbi, or the yuan, strengthened against the … Thursday, according to the China Foreign Exchange Trade System, Azernews reports, citing …
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China's yuan, stocks and yields tumble on first trading day of 2025
02 Jan 2025 10:28 GMT
… comment, China's forex market operator said both trading … and adjust countermeasures accordingly, including yuan policies, said the trader, … edge about the impact on yuan-denominated assets.
"It … Tan, head of Asia FX Strategy at RBC Capital Markets …
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Asia FX marks tepid start to 2025, yuan slips on weak PMI data
02 Jan 2025 09:43 GMT
… regional markets.
The Chinese yuan was among the worst performers … since November 2022.
Chinese yuan slips as manufacturing PMIs disappoint …
The Chinese yuan weakened on Thursday, with … to offset this trend.
Asia FX nurses losses in 2024
…
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Australian dollar hits multi-year low as yuan weakens further and...
02 Jan 2025 01:02 GMT
… repercussions for monetary policy.
Yuan-driven slide
The fall in … the yuan, particularly its offshore-traded … weakness.
Analysts attribute the yuan’s pressure to growing pessimism … senior foreign exchange analyst Sean Callow noted that the yuan’s …
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China Foreign Exchange Trade System announces parity rates of major currencies
31 Dec 2024 09:15 GMT
… Foreign Exchange Trade System announced the central parity rates of the Chinese yuan … dollar, valued at 450.70 yuan per 100 dollars. Other … set at 1,513.87 yuan. Additionally, rates for currencies … their exchange values against the yuan.
The method used to …
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China tightens crypto trade oversight with new forex rules
01 Jan 2025 11:09 GMT
The Chinese foreign exchange regulator introduced foreign exchange rules requiring the … monitor and report risky forex trading activities. This includes … .
Zhengyao said using yuan to buy crypto before … circumvent the country’s forex rules through crypto …
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China to lower dollar, euro and yen weightings in CFETS yuan basket in 2025
31 Dec 2024 10:33 GMT
… of its yuan CFETS basket in 2025, the country’s foreign exchange trade … .
From Jan. 1, the China Foreign Exchange Trade System (CFETS), which is …
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Asia FX set for yearly losses as strong dollar weighs; China factory data in focus
31 Dec 2024 10:33 GMT
Investing.com-- Most Asian currencies edged lower on Tuesday and headed for yearly losses as the dollar remained strong heading into 2025, while the Chinese yuan weakened after data showed the country’s factory activity expanding at a slower pace.
The US …