The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies ...
BEIJING -- Chinese financial authorities have unveiled a plan to detail measures for encouraging medium- and long-term funds ...
Asian Banking & Finance on MSN5d
Loans in China rise 7.2% in Dec 2024
Outstanding renminbi loans grew, but foreign currency loans dropped. Outstanding renminbi (RMB) and foreign currency loans in ...
The visit laid bare Xi’s desire to keep China’s currency strong.Now, as a new trade fight with Washington approaches, Beijing ...
SINGAPORE (Reuters) - Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S.
BEIJING - China is poised to implement a clear-cut fiscal policy in 2025 that aims to intensify countercyclical regulation ...
However, popularity and wide usage do not necessarily equate to the value or strength of a currency. Currency strength revolves around the purchasing power of a nation’s currency when exchanged ...
In the initial trading days of 2025, the renminbi has declined to over Rmb7.33 per dollar. Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak ...
WSJ Pro Central Banking brings you central banking news, analysis and insights from WSJ's global team of reporters and editors. This newsletter was compiled by markets reporter Vicky Ge Huang in New ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...