China reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
The PBOC is likely to cut the reserve requirement ratio by 50 bps in the first and third quarters this year to support government bond issuance, Goldman Sachs said. And interest rates will probably be ...
The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. economic data this week ...
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
Given that China has a rich set of exchange rate management tools, the yuan rate should be supported to keep it stable and at ...
The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per Reuters. "Recommending ...
The People's Bank of China (PBOC) said on Friday that it is likely to cut interest rates from the current level of 1.5% "at ...