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The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when the Chinese currency ...
Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign ...
At a finance forum in Shanghai, the head of China's central bank, Pan Gongsheng, pledged to expand the reach of the digital ...
China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target, but analysts ...
China’s central bank has instructed key commercial banks to cut U.S. dollar deposit rates, which could push investors toward alternative assets like cryptocurrency. The People’s Bank of China ...
The central bank, the People’s Bank of China, shaved only a tenth of a percentage point off the benchmark one-year interest rate used for most corporate loans, with no change at all in the five ...
The central bank has also become less afraid of the side-effects of that fight. When America’s Federal Reserve cut interest rates by half a percentage point on September 18th, it gave China’s ...
The euro is the "only real alternative currency for the moment to make a significant change in the level of reserves," said ...
China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when the Chinese currency ...
China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, ... "The recent yuan depreciation has indeed been too severe, and many now expect the yuan to weaken beyond ...