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Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian ...
China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an ...
The new vault will be part of the exchange’s network that international clients use to manage bullion trading and storage.
FirstPort has told Yuan Yang MP that it is better at responding to resident's complaints at a meeting in Parliament.
The Indian rupee edged lower on Tuesday as regional currencies took a breather following a drop in the offshore Chinese yuan, ...
As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People ...
The People’s Bank of China (PBOC) will cut the borrowing cost of its seven-day reverse repurchase agreements, its benchmark ...
Chinese policymakers are hoping to stabilize the yuan as it faces downward pressure from U.S. levies and a gloomy growth ...
Local traders are increasingly sidestepping the US dollar in favour of China ’s currency, creating informal yuan payment ...
The Chinese yuan is likely to weaken somewhat further on the back of President Trump’s tariffs, Commerzbank economist Tommy ...
US-China yield spreads have been a major driving force behind CNY depreciation pressure since the US rate hike cycle in 2022.
Foreign exchange traders just had their wings clipped by the People’s Bank of China. In the wake of a sharp rally for Asian ...