The dollar rose to a four-month high, boosted by the likelihood of a Republican sweep in the U.S. elections, UBS Global Wealth Management said.
The PBOC aims to implement existing policies while accelerating the rollout of new initiatives to ensure reasonable liquidity ...
SHANGHAI, - China's yuan skidded to a 3-1/2-month low against the dollar on Tuesday, hurt by broad strength in the U.S. currency and persistent market worries over higher tariffs on Chinese goods ...
"We will adhere to a supportive monetary policy stance and increase the intensity of monetary policy adjustments," a ...
Chinese banks extended 500 billion yuan ($69.51 billion) in new yuan loans in October, down sharply from September and ...
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1786, as compared to Friday's fix of 7.1433 and 7.1813 Reuters estimates. Share: Feed news ...
But interest rates charged by commercial banks show marginal increase By Sanath Nanayakkare The total outstanding market ...
China’s central bank unveils a digital yuan payment card with tap-and-scan capabilities, aiming to boost adoption amid competition from WeChat Pay and Alipay.
If the third quarter numbers and leading indicators reflect recovery in earnings, the scenario can change with FPIs reducing ...
The team at Infrastructure Capital Advisors tracks the Global Monetary Base, defined as currency in circulation plus bank ...
China has approved a sweeping $1.4 trillion stimulus package to help local governments manage their mounting hidden debt and ...
China’s central bank strengthened its commitment to supportive monetary policy and pledged to use multiple tools to ensure ...