Stable exchange rates are expected2018-04-20
China's cross-border capital flows and the yuan's exchange rate are expected to remain stable, despite potential risks from Sino-US trade friction, monetary policy tightening of other major economies and the country's rising foreign debt.
Confidence increases in global use of yuan2018-02-01
Expectations of China further opening up its financial sector this year have boosted bankers' and experts' confidence in a broader use of the renminbi in global trade, investment and foreign reserves, as well as bets placed on a more flexibly floating exchange rate.
Market to have more say in renminbi rate2018-01-31
The People's Bank of China, the central bank, will allow the market to play a bigger role in determining the yuan's exchange rate while maintaining a prudent and neutral monetary policy this year, a top official said on Monday.
PBOC gets tougher on bitcoin2018-01-05
The nation's top financial regulator has suggested that local governments encourage bitcoin miners to gradually reduce production of the cryptocurrency until finally quitting the business.
4 reasons why RMB stood tall in 20172018-01-03
As of Dec 29, the last trading day of 2017, the yuan's onshore exchange rate stood at 6.5120 against the US dollar, strengthening by 6.72 percent for the year, the sharpest annual appreciation in nine years, according to calculations by financial information provider Eastmoney.com.
Currency stability seen as key task2018-01-02
China's foreign exchange regulator will likely focus on keeping the country's currency stable this year while allowing greater flexibility in the exchange rate, economists said on Monday.