China’s central bank appears to have effectively pegged the Chinese yuan to the dollar in recent weeks, a policy twist that has helped stabilize the currency in a year of political transition.

Topics:  chinese   china   yuan to the dollar   
BING NEWS:
  • As yuan skids, markets bet more depreciation is in store
    While the yuan has declined roughly 2% this year against the dollar, it has become relatively less competitive ... tempering pressure on the Bank of Canada (BoC) for an early rate cut. Marketscategory ...
    03/26/2024 - 9:24 pm | View Link
  • Wall Street treads water ahead of US data; dollar pressured by yen, yuan
    U.S. stocks were mixed at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. All three major U.S. stock indexes were off session lows, with the ...
    03/25/2024 - 7:58 am | View Link
  • Wall Street dips ahead of U.S. data; dollar pressured by yen, yuan
    U.S. stocks followed their overseas counterparts lower at the top of a holiday-shortened week on Monday as investors positioned themselves ahead of crucial inflation data. The three major U.S. stock ...
    03/25/2024 - 4:34 am | View Link
  • China’s yuan steady as Fed maintains 2024 policy easing path
    Prior to the market’s opening, the People’s Bank of China set the midpoint rate, around which the yuan is allowed to trade in a 2% band, at 7.0942 per US dollar, 26 pips firmer than the ...
    03/20/2024 - 11:23 pm | View Link
  • Monthly inflation rate in China February 2024
    × Zoomable Statistic: Select the range in the chart you want to zoom in on.
    03/14/2024 - 1:07 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News