Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
China's new stimulus plans make a splash in global markets
China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the ...
Chinese yuan hits strongest level against the dollar in over a year
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
Zawya4h
Dollar hits 14-month low against euro, yuan dips
The greenback tumbled on Tuesday after data showed that U.S. consumer confidence dropped by the most in three years in ...
China's central bank unveils most aggressive stimulus since pandemic
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the ...
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
Chinese e-commerce stocks jumped after the country's central bank announced a broad stimulus package. Alibaba, JD.com, and ...
Factbox-China Rolls Out Broad Rate Cuts and Other Stimulus to Spur Weak Economy
China's central bank will cut banks' reserve requirement ratio (RRR) by 50 basis points in the near future, freeing up about ...
Shanghai unveils 500-million-yuan voucher plan to boost consumption after stimulus package
E-coupons will offer anyone in Shanghai discounts on a wide range of purchases, from hotels and movies to restaurants and ...