Madan Sabnavis: There is no alternative to the US dollar as the world’s anchor currency
The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...
Interest in offshore yuan bonds is expected to increase, CICC says
More Chinese and global issuers and investors are expected to be drawn to offshore yuan bonds in Hong Kong and elsewhere, thanks to the currency’s cost efficiency, according to investment bank China ...
The Guardian Nigeria8h
Yuan weakens to 7.1705 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 7.1705 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. In ...
RBNZ cuts another 50bps but easing to slow – BoJ’s Takata fails to move Yen
Asia market update: RBNZ cuts another 50bps but easing to slow; BOJ’s Takata fails to move Yen; Focus on UK Jan CPI, US Jan ...
China Internet Information Center16h
Chinese yuan weakens to 7.1705 against USD Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1705 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China's ...
Rupee dips to 86.95, dollar gains against Asian majors
The rupee fell by 8 paise, closing at 86.95 against the US dollar on Tuesday due to demand for dollars linked to maturing non ...
GT Voice: China’s resolve to safeguard yuan stability cannot be underestimated
Amid rising global economic uncertainties and ongoing trade tensions with the US, the yuan has recently faced renewed ...
Gold returns to its underlying trend
Here's your snippet: "Gold has become the best performing "Trump trade" in recent weeks, outperforming other major asset classes since the U.S. president's inauguration, as fears of a trade war and a ...
Understanding The Fluctuations Of China Share Prices: Insights And Trends For Investors
Retail investors play a big role in China’s daily stock price changes, often influenced by emotions and biases. Read more ...
China Internet Information Center1d
Chinese yuan strengthens to 7.1697 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.1697 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System. In China's ...
The Daily Star2d
China bank lending hits record high in January
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming ...
The Guardian Nigeria2d
Yuan strengthens 7.1702 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened four pips to 7.1702 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In ...