China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect ...
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central ...
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
The People's Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a tool which is typically used to stabilize the yuan's exchange rate in the offshore market.
China stepped up its support for the yuan as the managed currency weakened toward a policy no-go area — the edge of its ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when ...
Global stocks slid, with European shares set for a weak open on Wednesday as worries over U.S. inflation resurfaced and bond ...
The issuance is set to be the biggest issuance of its kind on record since the PBoC started bill auctions in the city in 2018. The onshore renminbi fell to Rmb7.33 against the dollar on Wednesday, its ...
The Indian rupee dropped to an all-time low on Wednesday, pressured by a resumption of the dollar's uptrend after data ...
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From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when ...