Feature 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…
Feature 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…
Feature 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…
Money HSBC Bank Egypt starts dealing in yuan Ahmed Ali Sep 5, 2019 0 HSBC Bank Egypt has started dealing in China’s yuan, or renminbi (RMB), for its corporate clients following an…
The Watch Yen climbs, yuan pares losses as China-U.S. tariffs kick in Amwal Al Ghad English Sep 2, 2019 0 Yen strengthened on Monday, thanks to bigger appetites for safe-haven assets as Washington and Beijing put…