Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
Barclays analysts said there is potential for continued dollar weakness if China’s fiscal stimulus becomes a CNY10T package.
SHANGHAI/BEIJING: China’s yuan has stayed steady through a week that saw authorities roll out massive stimulus ...
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's ...
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
It’s notable that the yuan’s rally this week has been accompanied by surging stocks and higher bond yields. In the long run, ...
BEIJING, Sept. 27 (Xinhua) -- China's foreign exchange market recorded transactions totaling 26.94 trillion yuan (3.78 trillion U.S. dollars) in August, official data showed on Friday.
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst ...