# USD
Latest news and articles about USD
Total: 2 articles found
RMB Strengthens to Three-Year High as Investors Reallocate Toward China
The renminbi has rallied to its strongest levels since April 2023, with onshore and offshore rates testing the mid‑6.80s amid large exporter foreign‑exchange conversions and softer dollar dynamics. Analysts view the move as broadly positive for international investor appetite toward Chinese assets, but caution that policymakers must manage the pace to avoid damaging export competitiveness.
China’s Central Bank Keeps Buying Gold — Small Steps, Strategic Shift
China’s central bank increased its gold holdings for the 15th month in a row to 74.19 million ounces at end-January 2026, adding roughly 40,000 ounces. Foreign-exchange reserves rose to $3.399 trillion, helped by a weaker dollar and asset price gains; analysts see Beijing’s modest, persistent gold buying as a cautious move to diversify reserves.