China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
Analysts note how Beijing’s policy goals, such as internationalising China’s currency and curbing overcapacity, are aligning ...
A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...
China vowed to prevent the yuan’s exchange rate from overshooting, sending yet another clear signal of its intention to slow the currency’s appreciation. The People’s Bank of China said while it will ...
China's foreign exchange reserves rose for a sixth month in June but fell short of market expectations, official data showed on Monday. The hoard of foreign exchanges rose by $32.17 billion in June to ...
BEIJING, March 3 (Reuters) - China will keep the yuan exchange rate "basically stable" this year, Yi Gang, governor of the central bank, said at a press conference in Beijing on Friday, adding that ...
BEIJING, Jan 15 (Reuters) - China's central bank announced on Thursday cuts to sector-specific interest rates to provide an ...
Beyond the central bank’s rate cuts that take effect Monday, authorities will work to lower the minimum down payment for ...
China still has room for further cuts in its policy interest rates and the reserve requirement ratio (RRR) this year, China's ...
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