USD/CNY - US Dollar Chinese Yuan

USD/CNY - US Dollar Chinese Yuan News & Analysis

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  Asian FX Falls on Rate Risks, Yuan Rattled by Real Estate Woes

  By Ambar Warrick Investing.com-- Most Asian currencies fell on Thursday as investors digested mixed signals from the U.S. Federal Reserve on its plans to hike rates, while China’s...

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  Chinese, Hong Kong Stocks Sink on Real Estate Jitters

  By Ambar Warrick  Investing.com-- Chinese and Hong Kong stocks led losses across Asia on Thursday, pulled lower by major real estate developers after a dire profit warning from Country...

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  Chinese Property Giant Country Garden Warns of Profit Slump

  By Ambar Warrick  Investing.com--  Chinese property developer Country Garden Holdings Company Ltd (HK:2007) said on Thursday that its profit for the first half of 2022 is expected to...

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  Scotia expect a stronger yuan in the weeks ahead - forecast

  Earlier China-related posts today:"PBOC has limited room to ease due to concerns over inflation, capital flight"Chinese financial media reports potential for CNY 1.5 tn debt issuance to fund...

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  China's Tencent reports first revenue drop as gaming regulations and COVID-19 bite

  By Josh Ye HONG KONG (Reuters) -China's Tencent Holdings (HK:0700) suffered its first ever quarterly sales fall on Wednesday, hurt by a government clampdown on game approvals and playing...

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  Tencent Posts First-Ever Sales Fall After China Economy Worsens

  (Bloomberg) -- Tencent Holdings (HK:0700) Ltd. (OTC:TCEHY) logged its first-ever decline in quarterly {{erl-102047||revenue, becoming the latest victim of a worsening Chinese...

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  Asian FX Muted Before Fed Minutes, Australian Dollar Dips Below $0.7

  By Ambar Warrick  Investing.com-- Asian currencies moved little on Wednesday ahead of the minutes of the Federal Reserve’s latest meeting, while the Australian dollar fell the most among its...

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  USD/CNY fix: 6.7863 vs. est 6.7876 and previous 6.7730

  In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7863 vs.the estimated at 6.7876 and the previous 6.7730. About the fi

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  Dollar Edges Higher; Recession Fears Boost Safe Haven

  By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Tuesday, remaining near a one-week high as global recession fears prompted demand for the safe haven...

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  Tencent Shares Hover Around 3-1/2 Year Low as Q2 Results Loom

  By Ambar Warrick Investing.com-- Hong Kong shares of Tencent (HK:0700) traded near three-year lows on Tuesday, ahead of a widely-expected drop in the Chinese internet giant’s...

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  Tencent Music's revenue beats view as more Chinese users pay for songs

  By Josh Ye and Tiyashi Datta (Reuters) -China's Tencent Music Entertainment Group bettered quarterly revenue estimates on Monday as a slate of original content helped its music streaming...

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  Chinese Yuan Hits 3-Mth Low After Surprise Rate Cut, Asia FX Sinks

  By Ambar Warrick  Investing.com-- China’s yuan fell the most among Asian currencies on Tuesday, hitting a three-month low as a surprise rate cut by the central bank raised concerns over...

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  Eyes on the yuan rate today as "PBoC continues with piecemeal monetary easing"

  The yuan dropped yesterday on the surprise rate cuts from the People's Bank of China:Rate cuts from the PBOC: 1-Year MLF loans rate to 2.75% from 2.85%, repo rate cut alsoAt 0115 GMT today...

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  Russia’s Polyus plans bond issue denominated in yuan – Interfax

  MOSCOW (Reuters) – Russian largest gold producer Polyus plans a bond issue worth no less than 3.5 billion Chinese yuan ($517 million), the Interfax news agency reported on Monday, citing...

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  Dollar Edges Higher; Yuan Falls After China Rate Cut

  By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Monday, benefiting from its safe haven status, while the Chinese yuan dipped after a batch of...

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  China Cuts 1-Year Loan Rate as Sales, Production Data Disappoint

  By Geoffrey Smith  Investing.com -- China's central bank cut a key borrowing rate for the first time since January, in an effort to boost support for an economy hurt by Covid-19 lockdowns...

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  Aussie, kiwi fall as China’s recovery falters; yuan eases on surprise PBOC rate cut

  By Kevin Buckland TOKYO (Reuters) – The risk-sensitive Australian and New Zealand dollars retreated from near two-month highs against the greenback on Monday due to dissappointing data...

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  PBOC sets USD/CNY reference rate at 6.7410 on Monday

  The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7410 on Monday when compared to the previous fix and the previous close at 6.741

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  PBOC sells 400bn yuan 1 year MLF AT A LOWER RATE

  600bn yuan of MLF matured today, Monday 15 August 2022 more to comeThe People's Bank of China has rolled over 400bn yuan at 2.75% (prior was 2.85%)for 1 year---The MLF rate is a key...

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  Russian could buy yuan, rupees, Turkish lira for rainy day fund – central bank

  MOSCOW (Reuters) – Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability...

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  Asian Currencies Caught Between Soft Inflation and Hawkish Fed

  By Ambar Warrick Investing.com-- Most Asian currencies were flat on Friday as investors weighed signs of softening U.S. inflation against comments from Federal Reserve officials that...

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  Huawei's second quarter revenue rises slightly from a year ago

  Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.

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  USD/CNY fix: 6.7413 vs. the last close of 6.7450

  In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7413 vs. the last close of 6.7450. About the fix China maintains stri

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  China to cut gasoline, diesel retail prices

  China will cut the retail prices of gasoline and diesel on Wednesday, the country’s top economic planner announced Tuesday. The prices will go down by 130 yuan (about 19 U.S. dollars) per...

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  Asian FX Slips as Fed Hawks, Singapore Growth Concerns Weigh

  By Ambar Warrick  Investing.com-- Asian currencies fell on Thursday as commitments from Federal Reserve officials to keep hiking rates despite a tempering in inflation pushed up the dollar,...

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  USD/CNY fix: 6.7324 vs. las close 6.7245

  In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7324 vs. the last close of 6.7245. About the fix China maintains stri

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  China’s Yuan dips on Weak Inflation, Asia FX Muted Before U.S. CPI

  By Ambar Warrick  Investing.com-- The Chinese yuan fell slightly on Wednesday after the country logged weaker-than-expected inflation readings for July, while most other Asian currencies...

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  Chinese CPI Inflation Rises, But Misses Expectations on Lockdown Woes

  By Ambar Warrick  Investing.com-- Chinese consumer and producer price indicators for July came in below expectations on Wednesday, indicating that the world’s second-largest economy was...

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  USD/CNY fix: 6.7612 vs. the last close of 6.7529

  In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7612 vs. the last close of 6.7529. About the fix China maintains stri

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  Philippine Peso Slips on Disappointing GDP, Asia FX Muted Before CPI Data

  By Ambar Warrick Investing.com-- The Philippine peso fell the most among its Asian peers on Tuesday after the country’s second-quarter GDP rose less than expected, while most other...

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  Dollar Edges Lower, But Retains Strength Versus Yen After Payrolls

  By Peter Nurse Investing.com - The U.S. dollar posted more gains against the Japanese yen in early European trade Monday, although was subdued overall after last week’s strong U.S....

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  Asian Currencies Dip on Mixed Chinese Trade Data, Fed Rate Risks

  By Ambar Warrick Investing.com-- Most Asian currencies fell on Monday after mixed Chinese trade data raised concerns over demand in the country, while the dollar strengthened on expectations...

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  Asian Currencies Muted Before U.S. Payrolls, Indian Rupee Gains on Rate Hike

  By Ambar Warrick Investing.com-- Most Asian currencies treaded water on Friday as investors hunkered down ahead of key U.S. payrolls data, while the Indian rupee rose after the central bank...

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  USD/CNY fix: 6.7405 vs. prev fix 6.7636

  In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7405 vs. the previous fix of 6.7636 and the prior close of 6.7485. Ab

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  Jack Ma’s Ant See Profit Fall 17% After Regulatory Setback

  (Bloomberg) -- Billionaire Jack Ma’sAnt Group (SS:688688) saw profit growth fall in the three months ended in March as it reels from the pain of a sweeping overhaul ordered by regulators.The...

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  Dollar Hands Back Some Gains; Pound Edges Higher Ahead of BOE Meeting

  By Peter Nurse Investing.com - The U.S. dollar handed back some of its earlier gains in European trade Thursday, while the pound was flat ahead of the latest Bank of England rate...

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  Asian Currencies Muted as USD Retains Strength, Taiwan Dollar Dips

  By Ambar Warrick  Investing.com-- Most Asian currencies kept to a tight range on Thursday as the U.S. dollar remained underpinned by expectations of a hawkish Fed, while the Taiwan dollar...

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  USD/CNY fix: 6.7636 vs. the previous fix of 6.7813

  In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7636 vs. the previous fix of 6.7813 and the prior close of 6.7597. Ab

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  Dollar Edges Higher; Boosted by Hawkish Fed Officials, Pelosi Visit

  By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, maintaining the overnight gains on raised geopolitical tensions and after Federal Reserve...

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  Taiwan Dollar Dips as China Tensions Persist, USD Boosted by Hawkish Fed

  By Ambar Warrick Investing.com-- The Taiwan dollar fell the most among Asian currencies on Wednesday as concerns over a U.S.-China standoff persisted, while a sharp rise in the dollar...

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  China’s Services Sector Defies Manufacturing Downturn in July- Caixin

  By Ambar Warrick  Investing.com-- China’s services sector grew at a faster clip in July from the previous month as it benefited from easing COVID-19 restrictions, a private survey showed on...