Yuan Hits Fresh Multi-Year Peak as PBOC Eases Curb Ahead of Trump-Xi Summit

Yuan hits multi-year high as PBOC eases curbs before summit

China’s yuan hits a multi-year high as the PBOC eases currency curbs ahead of the Trump-Xi summit, signalling cautious optimism in US-China trade talks. Read more at straitstimes.com.

Yuan hits fresh multi-year peak as PBOC eases curb ahead of Trump-Xi summit

The Trump-Xi summit will be a maintenance check, not a breakthrough

Both leaders are likely to try maintaining the status quo rather than reset relations Read more at The Business Times.

China's central bank injects 32 billion yuan via reverse repos, holding rate steady at 1.40%

China's modest liquidity injection suggests a cautious approach, balancing economic stability while preparing for potential future volatility.

China’s central bank injects 32 billion yuan via reverse repos, holding rate steady at 1.40%

China's modest liquidity injection suggests a cautious approach, balancing economic stability while preparing for potential future volatility. The post China’s central bank injects 32 billion yuan via reverse repos, holding rate steady at 1.40% appeared first on Crypto Briefing .