China reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. economic data this week ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
After experiencing a strong 2024 with the US exceptionalism narrative helping to strengthen the US dollar (USD) against every ...
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
The PBOC is likely to cut the reserve requirement ratio by 50 bps in the first and third quarters this year to support government bond issuance, Goldman Sachs said. And interest rates will probably be ...
Morgan Stanley, Citigroup and Bank of America have joined other Wall Street lenders in exiting the Net-Zero Banking Alliance, as banks dial back their public climate targets ahead of US ...
The People's Bank of China (PBOC) said on Friday that it is likely to cut interest rates from the current level of 1.5% "at ...