Global Market | China moves to cool yuan rally, eases FX forward rules Forex News February 27, 2026 China’s central bank has stepped in to temper the rapid rise of the yuan, announcing that it will scrap foreign…
PBOC sets USD/CNY reference rate at 7.1729 vs. 7.1761 previous Global Forex Updates June 19, 2025 The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1729…