Express News | Pan Gongsheng: China has no need and no intention of gaining trade competitive advantages through exchange rate depreciation.

BreakingsMar 6 15:45

China's Manufacturing Activity Further Slows in February; Services Sector Remains in Contraction

MT NewswiresMar 4 23:24

China's Headline Deficit Target May Remain Unchanged This Year -- Market Talk

WSJMar 4 14:58

Bullish bets double, with potential for another 5% rise this year? The renminbi charts an independent course—what’s next?

Citi, Standard Chartered, and other foreign banks have observed a surge in bullish bets on the renminbi in the options market, with traders widely setting the year-end target at 6.50. Institutions such as Xingzheng and GF Macro have pointed out that the core driver is the release of substantial foreign exchange settlement demand (nearly US$200 billion in net settlements over the past two months) combined with fundamental resonance. GF Macro expects further appreciation within the year but with increased two-way volatility, stabilizing at around 6.85-6.87 by year-end. Regulatory authorities have initiated counter-cyclical adjustments to prevent excessive fluctuations.

wallstreetcnFeb 27 15:55

20%→0! The central bank adjusts this foreign exchange policy after a 3-year interval.

The central bank announced the reduction of the foreign exchange risk reserve ratio for forward sales business to 0.

Securities TimesFeb 27 09:56

Express News | PBOC: Foreign exchange risk reserve ratio for forward sales business reduced to 0

BreakingsFeb 27 08:32