Emerging-Market Currencies Rebound as Dollar, US Yields Retreat
(Bloomberg) -- A gauge of emerging-market currencies advanced Friday as risk appetite grew across foreign-exchange markets with the greenback and...
archiveBank of China
Yuan Drags Asian Currencies as China’s Spending Plans Disappoint
(Bloomberg) -- China’s onshore yuan had its worst day in more than a year after a week-long break, fueling a...
Chinese yuan use up 21.1% in cross-border trade as Beijing pushes global role for currency
Use of the Chinese currency for cross-border trade rose by more than a fifth in the first eight months as...
China Leaves Key Rate Unchanged on Currency Pressure, Liquidity
(Bloomberg) -- China’s central bank left a key interest rate steady for the tenth straight month, displaying caution on monetary...
China Maintains Yuan Defense After Currency Nears Red Line
(Bloomberg) -- China stuck to a holding pattern of supporting the yuan as pressure from a resilient dollar and poor...
China Jolts FX Markets as Yuan Suffers Worst Day in Two Months
(Bloomberg) -- China’s tentative loosening of its vise-like grip on the yuan unleashed a slide in the currency and pulled...
The Fed’s lack of innovation with the dollar means China, India, and others will dominate the digital currency race
The Federal Reserve is falling behind in the digital currency race.Michael RainesCentral banks will begin to diverge in their use...
China’s Currency Woes to Weigh on Bitcoin: Crypto Observer
China is facing renewed currency depreciation as the lingering threat of deflationary economic nosedive, and property market malaise has foreign...
Chinese yuan gives US dollar a run for its money as African trade embraces other currencies
But it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make...
China, Singapore to let each other’s tourists pay with digital yuan as Beijing seeks to globalise its e-CNY currency
Tourists from China and Singapore will be able to pay with the e-CNY when travelling to both countries as part...
