The People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) will continue to take comprehensive ...
(Yicai) Jan. 21 -- As the market anticipates the impact of tariffs imposed by Donald Trump after he was sworn in as US ...
[ADC12 Price Daily Review] Today, aluminum prices rebounded slightly, with SMM A00 aluminum ingot prices increasing by 60 yuan/mt from the previous trading day to 20,320 yuan/mt, while secondary ...
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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.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
which are essentially repo transactions based on prevailing exchange rates. In contrast, China’s bilateral currency swap agreements are designed to facilitate settlement in renminbi. China’s ...
China will unswervingly keep the RMB exchange rate basically stable at a reasonable and balanced level, according to a meeting. The People's Bank of China (PBOC) and the State Administration of ...