Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
(Reuters) - China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a ...
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s central bank.
China said it will give one-off cash handouts to residents facing hardship and vowed more benefits for some unemployed people.