China's Central Bank Halts Bond Purchases to Support Yuan
On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin (BTC). The People's Bank of China announced that it will stop purchasing government bonds this month as their demand now overshadows the supply.
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
(Yicai) Jan. 6 -- China’s central bank and foreign exchange watchdog have signalled that they will keep the Chinese yuan ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback