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China Digs Deep Into Its Currency Toolkit to Manage Yuan The currency is also close to the strongest since 2016 versus a basket of trading partners. "On the one hand, the PBOC wishes to make the yuan ...
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RPT-ANALYSIS-China's banks are bursting with dollars, and that's a worry SHANGHAI/SINGAPORE, June 1 (Reuters) - A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency ...
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Here Are the Winners and Losers From China's Surging Yuan On the flip side of the currency equation are exporters, whose products will be less price-competitive when sold in foreign markets. The Chinese yuan ...
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