Brazil's Central Bank (BCB) has sold over US$ 12.75 billion to keep the US dollar from skyrocketing. Finance Minister Fernando Haddad said that the exchange rate was “floating” but would ...

BUENOS AIRES, April 15 (Xinhua) -- Argentina received 12 billion U.S. dollars from the International Monetary Fund (IMF) on Tuesday, the first disbursement under a new loan agreement aimed at ...

The PBOC operates under a managed floating exchange rate system, which allows the yuan's value to fluctuate within a 2% band around a central reference rate, or midpoint. This method is designed to ...