Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month lowBy GusAugust 15, 2023 [1/2]Chinese language Yuan and U.S. greenback banknotes are seen on this illustration taken March 10,…
Exclusive: China’s state banks selling dollars offshore to slow yuan declines, sources sayBy GusJuly 20, 2023 SHANGHAI, July 20 (Reuters) – China’s main state-owned banks had been seen promoting {dollars} to…
Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakensBy GusJuly 7, 2023 SHANGHAI/HONG KONG, July 6 (Reuters) – Chinese language buyers are dashing offshore to make greenback…
China’s small steps on offshore use of yuan are starting to add upBy GusApril 28, 2023 SINGAPORE, April 27 (Reuters) – China’s yuan forex is slowly however absolutely being adopted for…