Historical CNY News Stories

PBOC Support Lifts Yuan as Vanke Bonds Plunge 2025

The yuan has strengthened sharply as the PBOC leaned on firmer daily fixing and state-bank support, even as a major Vanke bond sell-off revived property-sector concerns. Traders should watch daily midpoint fixes, CNH/CNY spreads, and further property-credit stress for cues to near-term exchange-rate moves.

PBoC Pause, Fixings Push Yuan Stronger: USD/CNY Q4

Recent central-bank guidance and daily yuan fixings have nudged USD/CNY lower. With China holding lending rates steady and managed midpoints signaling a bias toward appreciation, traders should watch policy signals, daily fixings, and trade flows for near-term FX positioning.

PBOC Fixes Strength, Yuan Holds Near 7.11; PMIs Q4

Last week the PBOC set firmer daily parities and the offshore yuan (CNH) stabilized around 7.11–7.14 after softer PMI prints and eased trade tensions. These moves signal active policy support and highlight data- and sentiment-driven risks for traders.

HK Stock Connect Launches RMB Trading Counter Now!

China has enabled a renminbi trading counter under the Mainland–Hong Kong Stock Connect. This move strengthens offshore RMB liquidity and could reduce CNY volatility; it complements Beijing’s readiness to support the yuan through policy tools.