The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will intervene to prevent excessive ... Read More
China’s central bank said on Thursday that there was no basis for further depreciation in the yuan given strong economic fundamentals, in a bid to reassure jittery global markets ... Read More
China’s central bank continued to devalue the country’s currency for a third straight day, amid fears of a global currency war. On 13 August, the People’s Bank of China ... Read More
1. Why does the central parity of RMB exchange rate against US dollar change nearly 1.6% on 12 August from that of 11 August? The central parity of RMB ... Read More
The People’s Bank of China allowed the yuan to depreciate almost 2 percent against the U.S. dollar to levels last seen three years ago, sending a shock through currency ... Read More
China’s interest-rate swaps were headed for the biggest monthly drop since 2008 as the central bank steps up monetary easing in support of the economy. The People’s Bank of ... Read More
China’s central bank has published details on its latest tool to provide liquidity as banks from Goldman Sachs Group Inc. to Australia & New Zealand Banking Group Ltd. (ANZ) ... Read More
China’s yuan weakened marginally against the dollar on Wednesday as overseas-listed Chinese companies bought dollars to pay interim dividends, traders said. Spot yuan stood at 6.2552 per dollar at ... Read More
The Reserve Bank of New Zealand (RBNZ) has issued the following press release: The People’s Bank of China (PBOC) and the Reserve Bank of New Zealand today announced the ... Read More
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