The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened four pips to 7.1702 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In ...

A pilot scheme enabling insurers to purchase equities will be launched in the first half of 2025, with an initial scale of at least 100 billion Yuan ... Chinese Economy impact the Australian Dollar?

Authorities will in the first half of this year call on insurers to invest at least 100 billion yuan ($13.75 billion) of long-term funds into stocks, China Securities Regulatory Commission head Wu ...

READ ALSO:North Korea slams U.S. over plans to relocate Gaza residents The central parity rate of the Yuan against the dollar is based… Chinese 100 yuan note (C) and US 100 notes The central ...

Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...

China’s central bank governor said a steady yuan has contributed to the stability of global financial markets and economies ...

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...

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China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s ...

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China’s central bank has made a series of moves since January to support Hong Kong’s status as a global hub for the offshore yuan, including a 100 billion yuan trade financing facility for ...