Tag: PBOC
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Why China’s Yuan Hit a 13-Month High Against the Dollar and What It Means for Markets
Overview: A Yuan Rally Amid Growing Optimism The Chinese yuan has climbed to a 13-month high against the U.S. dollar, reflecting a mix of stronger domestic demand, improved sentiment about China’s economic prospects, and expectations that the Federal Reserve may soon cut rates. The move comes as traders weigh the outlook for China’s growth, policy…
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China’s Forex Reserves Rise to $3.3 Trillion Amid Gold Accumulation
Overview of China’s Forex Reserves As of late August 2025, China’s foreign exchange reserves have seen a notable increase, reaching $3.3 trillion. This rise can be attributed to a combination of factors, including currency valuation adjustments and ongoing economic developments. The growth not only reflects China’s robust economic standing but also indicates a strategic response…