Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...
The economic and political costs of a weakened yuan far outweigh the possible benefits China could gain from boosting exports ...
BEIJING, Dec 13 (Reuters) - China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media reported.
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
China's central bank has outlined its monetary and financial priorities for 2025 following a two-day meeting that ended Saturday, emphasizing expanding domestic demand, stabilizing expectations and ...
China's central bank, the People's Bank of China (PBC ... and commitment to mitigating risks associated with excessive exchange rate fluctuations. The meeting proposed bolstering the resilience ...
China's c.bank says it will cut RRR, interest rates at proper time Monetary policy ... The bank vowed it will stabilise foreign exchange market expectations and keep yuan reasonably stable.
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy ...
VCG. The People's Bank of China (PBC), the country's central bank, is planning to issue a new round of offshore yuan bills in Hong Kong Special Administrative R ...