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China's Foreign Exchange Reserves Reach $3.4163 Trillion at End-June; FX Market Shows Strong Vitality and Resilience
“In the first half of the year, China's foreign exchange market operated smoothly, with active and more resilient transactions,” said Li Bin, Deputy Director of the State Administration of Foreign Exc
Onshore CNY Closes at 6.7670 Against USD, Up 103 Pips from Prior Session
The onshore yuan (CNY) closed at 6.7670 against the U.S. dollar at 16:30 Beijing time, up 103 pips from the previous official closing price.
Japan Finance Minister Katayama: Ready to Act on Currency Volatility When Necessary
Japan’s Finance Minister Satsuki Katayama stated that the government is ready to take action when necessary to respond to currency volatility.
SAFE Proposes Policy Package to Further Enhance Cross-Border Investment and Financing Convenience
On July 17, the State Council Information Office held a press conference to present data on foreign exchange receipts and payments for the first half of 2026. Xiao Sheng, director of the Capital Proje
SAFE Plans New Policy Package: Official Statement on Forex Market Stability
In the first half of 2026, despite turbulent external conditions, China’s foreign exchange market withstood external shocks and maintained stable operations, demonstrating strong vitality and resilien
PBOC to Conduct 1.4 Trillion Yuan Outright Reverse Repo Operation on July 15
The People's Bank of China (PBOC) announced on July 14 that, in order to maintain ample liquidity in the banking system, it will conduct a 1.4 trillion yuan outright reverse repo operation on July 15,
Onshore Yuan Closes at 6.7817 Against Dollar, Down 33 Pips
The onshore Chinese yuan (CNY) closed at 6.7817 against the U.S. dollar on July 13, 2026, down 33 pips from the previous trading session.
Global Financial Highlights | Saturday, July 11, 2026
Core Theme: On July 10 local time, Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated that whenever the United States betrays the agreement reached by both sides, Iran is fully prepared for co
International Financial Highlights | (Friday, July 10, 2026)
Core Theme: On July 8 local time, the spokesperson for UN Secretary-General Guterres stated that Guterres was shocked by the resumption of hostilities between the United States and Iran and called for
RMB Clearing Network Adds Key Node: Bank of China Uses Global Advantage to Propel RMB Internationalization
China's renminbi clearing network has gained another key node, with Bank of China's global layout advancing further. Recently, the People's Bank of China (PBOC) announced that it has authorized Bank o