Search investingLive
Home
China FX regulator informally warns several banks against shorting yuan

China FX regulator informally warns several banks against shorting yuan

News
Adam Button
24/08/2022 | 12:46 GMT
  • Regulator warns against shorting CNY

Reuters reprots that China's FX regulator has informally warned several banks against shorting the yuan. That may be a signal that top officials don't want to see currency weakness.

USDCNY
USDCNY daily

The USD/CNH is giving back some gains.

Most Popular

investingLive Premium
Telegram Community
Gain Access
View more

Truckload rejection rates surge 4% post-storm, far from trend. Is it a shock or shift?

FreightWaves
11m ago

AI data centers fuel nuclear renaissance! SMRs promise faster builds & lower costs vs. gas. Oklo up 50% in 12 mos.

Fortune
42m ago

Musk warns US faces 1,000% bankruptcy risk from debt. AI/robots may be the only salvation.

YahooFinance
1h ago

Construction faces a 456K worker gap by 2027. AI data centers boost demand, but immigration curbs and retirements worsen shortages.

Fortune
1h ago

MSFT drops 14% post-earnings, losing $357B. Traders eye AI headwinds & sector sell-off.

Investor's Business Daily
1h ago

AMD drops 17% on guidance fears, its worst day since 2017. Is it a buy?

TipRanks
1h ago

Bitcoin plunges to $60K, but whales & retail now see value. Accumulation trend score hits 0.68!

CoinDesk
2h ago
investingLive Premium
Telegram Community
Gain Access

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}