• Official: China's forex market more resilient

    China's forex market is resilient against the COVID-19 pandemic, and the yuan's exchange rate has remained generally stable despite fluctuations, said a spokesperson for the country's forex regulator at an SCIO briefing on Friday.

    January 22, 2021
  • China's forex reserves rise in 2020

    By the end of 2020, China's foreign exchange reserves had totaled US$3.2165 trillion, an increase of US$108.6 billion from the end of 2019.

    January 22, 2021
  • Two-way opening-up of financial market will be bolstered

    China's foreign exchange regulator highlighted specific measures on Friday to further promote two-way opening-up of the financial market, mainly through steadily freeing up cross-border capital flows and improving the renminbi exchange rate regime.

    January 24, 2021
  • Chinese banks report net forex purchase

    Chinese banks saw a net foreign exchange purchase in 2020 as the yuan's exchange rate remained generally stable despite increasing fluctuations, data from the country's forex regulator showed Friday.

    January 22, 2021