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Posted 06/09/2022

China Sets Yuan Rate below 6.9 per Dollar, Its Lowest Since 2020

The People’s Bank of China fixed the yuan's daily reference rate at 6.9096 per...

Posted 25/08/2022

China Sets Stronger-than-Expected Yuan Fix after Currency Hit 2-Year Low

China took further steps to support its sinking yuan by setting its currency reference...

Posted 12/05/2022

Strong Dollar Pushing Asian Central Bankers Pull Out All Weapons in Arsenal

The strong dollar posses increased risk to Asian currencies and pushing policymakers into action...

Posted 10/03/2022

Morgan Stanley Warns on Underestimating Short Term Volatility of Asian Currencies, Suggests Pairs to Long

Asian currencies are more prone to larger losses in the short term as investors...

Posted 24/02/2022

Yuan Stands Out Defying Volatility of Other Major Currencies amid Russia’s Attack on Ukraine

The yuan is sheltering as safe bet as global markets tumble after announcement of...

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