Featured China’s foreign reserves fall to $3.219 tln in Jan. Nada Ali Feb 7, 2024 0 China's foreign exchange reserves decreased by $18.66 billion to $3.219 trillion in January, slightly less than the…
Banks China’s central bank adopts 14-day reverse repos Nada Ali Feb 4, 2024 0 The People’s Bank of China (PBOC) announced 14-day reverse repurchase agreements (repos) on Sunday worth 135…
Featured China’s public offering fund value reaches $3.88 tln Nada Ali Jan 28, 2024 0 China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…
News China’s major banks move to support yuan Nada Ali Jan 22, 2024 0 China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Featured China plans to issue bonds to boost economy Nada Ali Jan 16, 2024 0 China is considering one trillion yuan ($139 billion) of new debt issuance under a special sovereign bond plan, as…
Featured Yuan falls against dollar after PBOC holds rate Nada Ali Jan 15, 2024 0 China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…
International News Argentina to pay its IMF debt with yuan due to dollar shortage Nada Ali Jul 3, 2023 0 For the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment that came in…
Money China’s central bank alerts against yuan speculation Esraa Ibrahim Sep 29, 2022 0 The People’s Bank of China alerted on Wednesday against betting on the yuan, after its rapid drop against the U.S.…
News Dollar jumps, Yuan falls Esraa Ibrahim Aug 15, 2022 0 U.S. dollar jumped on Monday after a new batch of disappointing data from China bolstered global recession worries.
Tech/AI China’s new digital currency may encourage global use of yuan Amwal Al Ghad English Sep 14, 2019 0 China’s anticipated digital currency could encourage global use of the yuan, according to the chief executive of an…