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The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive ...

With the US continuously hammering down on China with reciprocal tariffs–the highest amongst Trump's recent tariff sweep, the ...

SHANGHAI: China’s yuan slipped against the dollar on Friday, as investors headed into the weekend fretting about ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

SHANGHAI: China’s yuan slipped against the dollar on Monday, as investors carefully monitored the greenback’s movements in ...

The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.

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.

Pakistan has requested China to expand its currency swap line by 10 billion yuan ($1.4 billion), Finance Minister Muhammad ...

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 ...