China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
The yuan-dollar exchange rate, not the complicated basket of currencies version, is the most visible indicator of how the world's No 2 economy is doing in comparison to the world's No 1 economy.
HONG KONG: China’s yuan firmed against the US dollar on Friday after the central bank vowed to keep the yuan exchange rate stable amid rising external challenges. The yuan and other emerging market ...
Representative Mike Haridopolos (R-FL) recently addressed the House Finance Committee in favor of two pieces of legislation: ...
Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, up sharply from December, outpacing analysts' forecasts and hitting an all-time high, as the central bank ...
The ultimate goal of China's exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday. There is no ...
from 1.5 to 1.75 – a move previously taken to prevent the yuan-dollar exchange rate from worsening. Cross-border financing involves providing funding for business activities that occur outside a ...
Legislation to address Chinese currency manipulation, introduced by U.S. Rep. Dan Meuser, R-Dallas, passed the House of ...
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies ...
But while U.S. money markets are still pricing in two quarter-point rate cuts from the Fed this year, the inflationary cloud ...