Aug 05 2019
SINGAPORE/SHANGHAI Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said on Monday.
Aug 05 2019
SINGAPORE/SHANGHAI Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said on Monday.
Aug 05 2019
SINGAPORE/SHANGHAI, Aug 5 Chinese monetary
authorities let the yuan slide past the key 7-per-dollar level
so that markets could finally factor in concerns around the
Sino-U.S. trade war and weakening economic growth, three people
with knowledge of the discussions said on Monday.
Aug 05 2019
SINGAPORE/SHANGHAI, Aug 5 Chinese monetary
authorities let the yuan slide past the key 7-per-dollar level
so that markets could finally factor in concerns around the
Sino-U.S. trade war and weakening economic growth, three people
with knowledge of the discussions said on Monday.
Jun 13 2019
SHANGHAI Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.
May 19 2019
* C.bank eyes steps to slow yuan decline to 7/dollar
-sources
May 17 2019
SHANGHAI/BEIJING China's central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the central bank's thinking said.
May 17 2019
SHANGHAI/BEIJING, May 17 China's central bank
will use foreign exchange intervention and monetary policy tools
to ensure the yuan does not weaken past the 7-per-dollar key
level in the immediate term, three people familiar with the
central bank's thinking said.
Aug 16 2018
SHANGHAI China has banned banks in its ground-breaking free trade zones from certain lending activities to ease pressure on the yuan currency in offshore markets, two sources with direct knowledge of the matter said on Thursday.
Feb 06 2018
BEIJING/SHANGHAI An HNA Group company has failed to make an early payment it had agreed to on a 1.7 billion yuan ($271.9 million) trust product that falls due next week, two sources with direct knowledge of the situation said, the latest indication of financial stress at the highly leveraged conglomerate.