Category: Forex
-
Yuan Hits 3.5-Year High as Dollar Weakness Meets Export-Driven Settlement Wave
Read more: Yuan Hits 3.5-Year High as Dollar Weakness Meets Export-Driven Settlement WaveAugust 18, 2026 (InvestinChina.asia) – The renminbi charged to a three-and-a-half-year high on Monday, with the onshore USD/CNY rate closing at 6.7382, up 39 basis points from the prior session. The offshore rate likewise punched through the 6.74 threshold, marking the strongest level since February 2023. The move caps a relentless climb: the onshore yuan has…
-
Onshore Yuan Closes at 3-1/2 Year High of 6.7442; Analysts Expect Two-Way Volatility, Not a Repeat of H1 Rally
Read more: Onshore Yuan Closes at 3-1/2 Year High of 6.7442; Analysts Expect Two-Way Volatility, Not a Repeat of H1 RallyAugust 10, 2026 (InvestinChina.asia) — The onshore renminbi closed at 6.7442 against the US dollar on Monday, 59 pips stronger than the previous session and the highest level since February 2, 2023. The central parity rate was fixed at 6.7884, 20 pips firmer and the strongest since February 10, 2023. Analysts attribute the move to…
-
From 3.35% to 1.60%: Rate Halving Drives China’s Banks to Dribble Out 5-Year NCDs Again
Read more: From 3.35% to 1.60%: Rate Halving Drives China’s Banks to Dribble Out 5-Year NCDs AgainJuly 31, 2026 (InvestinChina.asia) – After a near-total disappearance from state-bank shelves since late 2025, the five-year personal negotiable certificate of deposit (NCD) made a limited July comeback, with Industrial & Commercial Bank of China absent but Bank of China, Agricultural Bank of China and China Construction Bank all re-listing the tenor at a uniform…
-
Analysis: Deciphering the Divergence Between the Renminbi and Hong Kong Stocks
Read more: Analysis: Deciphering the Divergence Between the Renminbi and Hong Kong StocksA recent and counterintuitive market development has puzzled investors: the China’s Currency Renminbi (RMB, Chinese Yuan) has been strengthening while Hong Kong stocks, particularly the tech-heavy Hang Seng Tech Index, have tumbled. This divergence challenges the conventional wisdom that a stronger yuan typically coincides with capital inflows and a rising Hong Kong market. A new…