BEIJING - The size of China's fiscal deficit will increase significantly in 2025, Liao Min, vice-minister of finance, told a ...
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the ...
The renminbi is to be supported by China's largest sale of offshore bills. Wall Street is increasing its bets against the ...
The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this ...
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...