Market participants optimistic that new provisions for offshore repos of onshore bonds is first step towards mainland access ...
The central parity rate of the Chinese currency renminbi or the yuan strengthened 7 pips to 71696 against the US dollar Wednesday according to t ...
Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak economy has led ...
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 183 pips to 7.1703 against the dollar on Tuesday.This is according to the China Foreign Exchange Trade System. In ...
The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi ...
China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of ...
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong ...
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
China’s regulators sought to reassure markets on Monday as equities and the renminbi extended losses in a rocky start to the ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...