An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…
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China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in a…
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The Hong Kong Monetary Authority (HKMA) cautioned investors that no stablecoins pegged to the offshore yuan had been approved for…
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With reports circulating of a breakthrough in China-US trade talks, the offshore yuan jumped in value against the US dollar…
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Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…
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Hong Kong is expected to play a bigger role in the internationalisation of the yuan as liquidity increases and uses…
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The People’s Bank of China (PBOC) said it would tender central bank bills totalling 60 billion yuan (US$8.2 billion) in…
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China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country…
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Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and…
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