China’s central bank has pledged to “resolutely guard against” excessive fluctuation in the yuan’s exchange rate, as the currency faces fresh pressure against a strong US dollar.

BEIJING, Dec 13 (Reuters) - China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media reported.

BEIJING -- China will maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, Zou Lan, deputy governor of the People's Bank of China (PBOC), told a press ...

Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US dollar amid a stronger-than-expected domestic economy and growing ...

China's central bank said on Friday that it would adjust the pace and intensity of policy implementation in response to ...

BEIJING, May 19 (Reuters) - China will resolutely curb large fluctuations in the exchange rate and study the strengthening of self-regulation of dollar deposits, the central bank said on Friday.

Despite facing a substantial external demand gap caused by US tariffs, keeping the renminbi exchange rate generally stable as much as possible should remain the best option for Chinese ...

The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.

The People’s Bank of China on Tuesday trimmed its one-year loan prime rate (LPR) by 10 basis points from 3.65% to 3.55%, and reduced the five-year rate by the same margin to 4.2%.

The central bank has also become less afraid of the side-effects of that fight. When America’s Federal Reserve cut interest rates by half a percentage point on September 18th, it gave China’s ...