VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active ...
Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting ...
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than ...
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
The visit laid bare Xi’s desire to keep China’s currency strong. Now, as a new trade fight with Washington approaches, Beijing is divided on whether it will be necessary to let the currency ...
He added that a "rapid drop" in its value could trigger large-scale capital ... currency" and make China a "financial power".
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The ...
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
PBC issued 12 rounds of central bank bills in the HKSAR in 2024, with a total value of 275 billion yuan ($37.54 billion), official data showed. The central parity rate of the yuan weakened by 3 ...
"A European Central Bank (terminal rate) repricing down to 1.50%, with the Fed (policy path) unchanged, would take the ...
The visit laid bare Xi’s desire to keep China’s currency strong.Now, as a new trade fight with Washington approaches, Beijing is divided on whether it will be necessary to let the currency weaken in ...