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The rate decision comes after China posted encouraging GDP growth numbers for the first quarter. The 1-year LPR influences ...
The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive ...
why WOULDN’T China devalue its currency to try to soften the blow from US tariffs? The answer is that China has, unequivocally, allowed the yuan to depreciate… just not relative to the US dollar.
SHANGHAI: China’s yuan slipped against the dollar on Monday, as investors carefully monitored the greenback’s movements in ...
Pakistan has requested China to expand its currency swap line by 10 billion yuan ($1.4 billion), Finance Minister Muhammad ...
With the US continuously hammering down on China with reciprocal tariffs–the highest amongst Trump's recent tariff sweep, the Asian superpower has announced plans to use its currency–the yuan ...
The Indian rupee's winning run is likely to halt on Tuesday, pressured by a drop in Asian currencies stoked by the Chinese ...
A gauge of the offshore yuan’s borrowing cost in Hong Kong dropped to the lowest since data became available in 2013, putting ...
The Indian rupee ended weaker on Tuesday, in line with regional peers that fell tracking the Chinese yuan, but potential ...
why WOULDN’T China devalue its currency to try to soften the blow from US tariffs? The answer is that China has, unequivocally, allowed the yuan to depreciate… just not relative to the US dollar. With ...
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