Adjustment of daily fixing seen as one way to resist depreciation pressure China's central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the ...

Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged off fears around the ...

Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged off fears around the potential of an extended global trade war and factored in a boost in appetite ...

The Indian rupee strengthened on Thursday aided by a rise in the Chinese yuan after U.S. President Donald Trump said a new ...

The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.