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  • Yuan exchange rate in line with fundamentals: IMF official

    Although facing pressures from the external environment, Chinese currency's exchange rate is in line with fundamentals as the country's foreign exchange reserves remain ample, an IMF official said Friday.

    August30,2019


  • Commentary: RMB exchange rate reform progress makes U.S. claim just a farce

    Since China launched a market-oriented RMB exchange rate reform four years ago, the reform progress has been recognized by the global community, except for the United States, sadly.

    August12,2019


  • Former central bank official says keeping yuan stable "crucial"

    It is crucial to maintain a basically stable exchange rate of the Chinese currency renminbi, or yuan, amid current circumstances, according to a former official of the country's central bank.

    July09,2019


  • China capable of keeping RMB exchange rate stable: central bank

    A senior central bank official on Thursday reiterated that China is "capable and confident" of keeping the renminbi exchange rate generally stable on a reasonable and balanced level.

    May24,2019


  • China's real, nominal EERs strengthen for 3 months: BIS

    China's real and nominal effective exchange rates (EER) strengthened for three consecutive months up to February this year, data from the Bank for International Settlement (BIS) showed.

    March25,2019


  • Global capital flows changing direction as foreign investors luff the helm to buy yuan

    Since the end of 2018, a large number of overseas institutional investors have kept a bullish sentiment for Chinese yuan exchange rate, rather than continuing to sell Chinese yuan in offshore market.

    March15,2019


  • Central bank chief expresses full confidence in yuan

    Central bank officials expressed full confidence on Tuesday in maintaining a stable and reasonable exchange rate for the yuan against the backdrop of escalating China-US trade friction and a strong US dollar.

    July04,2018


  • Central bank chief expresses full confidence in yuan

    Central bank officials expressed full confidence on Tuesday in maintaining a stable and reasonable exchange rate for yuan against the backdrop of escalating China-US trade friction and a strong US dollar.

    July04,2018


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