China’s central bank pledged to keep the country’s stock, bond and foreign-exchange markets stable, and said it will further ...
The bill mandates the U.S. Executive Director at the IMF to work towards increased transparency in China's exchange rate policies. It seeks enhanced multilateral and bilateral surveillance by the IMF ...
This bill, known as the China Exchange Rate Transparency Act of 2023, aims to increase the transparency of the People's Republic of China's (PRC) exchange rate policies. The key components of the bill ...
Russian companies that do business with China have encountered more headwinds in recent days as Chinese banks raised the yuan-ruble exchange rate to capitalize on their neighbor's weakened currency.
Tired of ads? Subscribers enjoy a distraction-free reading experience. Click here to subscribe today or Login. Yuan being allowed to rise relative to dollar; watchers don’t expect big swings. A worker ...
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China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
China could cut its main policy rate as soon as next month following the country's annual parliamentary meeting, economists told CNBC. The PBOC has kept its 7-day rate steady at 1.5% since a cut in ...
China’s foreign-currency reserves increased for the first time in eight months in February, but still remain around six-year lows. The People’s Bank of China is depleting reserves to buoy the value of ...
China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday a week before a G20 summit, strongly suggesting that it was ready to break the currency's ...
Car parts supplier Forvia's sales fell nearly 4% in the third quarter, dragged by negative currency exchange conditions and ...
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