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A service for banking industry professionals · Monday, May 11, 2026 · 911,979,744 Articles · 3+ Million Readers
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Chinese Renminbi (CNY) News Monitoring

  • Published on 13:42 GMT

    Goldman Sachs forecasts 4.5% gains for Chinese renminbi amid Trump-Xi summit

    The investment bank sees USD/CNY hitting 6.50 by mid-2027, with ripple effects already reaching crypto markets. Goldman Sachs is betting the Chinese yuan has room to run. The bank projects a 4.5% appreciation against the US dollar, targeting a USD/ …

    Source: Crypto Briefing - Neutral
  • Published on 01:59 GMT

    Goldman Says Yuan 20% Undervalued, Boosts Currency Forecasts

    (Bloomberg) -- The Chinese yuan is more than 20% undervalued against the US dollar, according to Goldman Sachs Group Inc., which expects the currency to keep strengthening over the coming year. The yuan remains well below levels justified by China’s export …

    Source: Mint - Neutral
  • Published on 13:43 GMT

    Goldman Sachs assesses US dollar overvaluation as Trump visits China

    The investment bank's strategists estimate the Chinese renminbi is undervalued by 20% against the dollar, projecting meaningful gains ahead. Goldman Sachs has put a number on something currency markets have been whispering about for months: the US …

    Source: Crypto Briefing - Neutral
  • Published on 06:46 GMT

    China's yuan hits three-year high days before Xi-Trump summit

    Currencies Rally comes amid criticism of reliance on depreciation to fuel exports China's onshore yuan touched 6.79 per dollar in morning trading on May 11, its highest point since February 2023.  © Reuters WATARU SUZUKI SHANGHAI -- China's …

    Source: Nikkei Asia - Center-right
  • Published on 11:46 GMT

    Yuan strengthens against dollar on Monday

    Keypoints The central parity rate of the Chinese Yuan strengthened by 35 pips to 6.8467 against the U.S. dollar on Monday, May 11, 2026. Data from the China Foreign Exchange Trade System (CFETS) indicates this move reflects a weighted average of market …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on 07:37 GMT

    Goldman Sachs claims renminbi undervalued by 20% against US dollar

    Published Mon, May 11, 2026 · 12:16 PM [HONG KONG] The Chinese currency is more than 20 per cent undervalued against the US dollar, according to Goldman Sachs Group, which expects the currency to keep strengthening over the coming year. The renminbi …

    Source: The Business Times Singapore - Neutral
  • Published on 04:25 GMT

    Pakistan plans debut Panda bond issue to tap Chinese capital markets

    Pakistan is preparing to enter China’s capital markets for the first time through the issuance of a yuan-denominated Panda bond, Finance Minister Muhammad Aurangzeb said, according to Reuters. Aurangzeb said the planned issue, valued at $250mn, would mark …

    Source: bne IntelliNews - Pending
  • Published on 03:52 GMT

    Currency Exchange Rates in Pakistan – US Dollar, Euro, Pound, Riyal to PKR – 11 May 2026

    Currency exchange rates in Pakistan shows mixed trends, US Dollar (USD) is trading at Rs278.9 for buying and Rs279.85 for selling, showing stability in the local currency market. Euro (EUR) stood at Rs327.82 for buying and Rs331.83 for selling, while UK …

    Source: Daily Pakistan - Neutral
  • Published on 03:18 GMT

    Pakistan to Launch First Yuan-Denominated Bond Sale

    Sun 10 May 2026 | 11:30 PM Pakistan is preparing to enter China’s capital markets for the first time through the issuance of yuan-denominated “Panda Bonds,” as the government seeks to diversify funding sources and strengthen foreign currency reserves amid …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on 02:11 GMT

    Chinese yuan strengthens to 6.8467 against USD Monday

    BEIJING, May 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 35 pips to 6.8467 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on 02:01 GMT

    Goldman Sachs sees Chinese yuan 20% undervalued, raises forecasts

    The bank's proprietary models peg the yuan's fair value at 5.00 USD/CNY, calling it one of the top trade opportunities for 2026. Goldman Sachs thinks the Chinese yuan is sitting at a serious discount. The investment bank’s internal valuation …

    Source: Crypto Briefing - Neutral
  • Published on May 10, 2026

    Forex update: US dollar selling at Rs 151.48

    KATHMANDU, May 10: The Nepal Rastra Bank (NRB) has published the foreign exchange rates for today, with slight fluctuations seen in major international currencies, including the Singapore dollar, Canadian dollar, and Australian dollar. The buying rate for …

    Source: República - Indeterminate
  • Published on May 10, 2026

    Foreign currency exchange rates remain stable today

    KATHMANDU: Foreign exchange rates have remained stable today, according to Nepal Rastra Bank. The central bank has fixed the buying rate of one US dollar at Rs 150.88 and the selling rate at Rs 151.48. Likewise, the buying rate of one Euro stands at Rs 177 …

    Source: Khabarhub - Neutral
  • Published on 05:07 GMT

    The end of petrodollar certainty and the emergence of a fragmented global economy

    Saudi Arabia’s currency flexibility in oil trade marks a significant moment in global financial history.The global financial system may be entering one of its most consequential transitions since the collapse of the Bretton Woods order. News that Saudi …

    Source: ETGovernment - Pending
  • Published on May 10, 2026

    Lavazza CEO targets US, China growth to keep up with big coffee

    When descendants of Luigi were preparing to hand the reins of the century-old Italian coffee roaster to its first external manager, they took Antonio Baravalle to dinner, sat him down and told him what was expected. The family knew that “sooner or later …

    Source: Moneyweb - Neutral
  • Published on May 9, 2026

    Saudi Arabia’s $1Tn Wealth Fund Opens Shanghai Office As China Ties Deepen

    Saudi Arabia’s Public Investment Fund (PIF) opened a second office in mainland China earlier this year, establishing a Shanghai branch to expand dealmaking and attract more Chinese investment into the kingdom, Bloomberg reports. The office was registered …

    Source: Gulf Insider - Neutral
  • Published on May 8, 2026

    Commentary: Hormuz Crisis Fuels China’s ‘Energy-Yuan’ as the Petrodollar Fractures

    1. The U.S. seeks global buyers for its oil paid in dollars.[para. 1] 2. Some Washington factions view Middle East withdrawal as a security reset and U.S. energy boost opportunity.[para. 2] 3. Central banks' diversification creates space for the petro- …

    Source: Caixin - Indeterminate
  • Published on 12:06 GMT

    Is the Petrodollar Dying Quietly?

    While everyone watches the Strait of Hormuz, something far more important is unfolding elsewhere. Away from the headlines, the financial system that has anchored American power since 1974 — the petrodollar — is facing its most serious stress test in fifty …

    Source: Investing - Neutral
  • Published on May 9, 2026

    Standard Lesotho Bank backs China symposium

    Standard Lesotho Bank has reaffirmed its support for Basotho businesses trading with China by backing the 2nd Annual Xport China Sourcing and Global Trade Symposium held on 2 May 2026 in Maseru. The initiative is designed to bolster the economic bridge …

    Source: The Reporter - Pending

07 days 13:35:28

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