The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from ...

The People’s Bank of China on Tuesday elevated its reference rate for the Chinese yuan to surpass the key threshold of 7.2 per dollar for the first time since early April, in a move that signals ...

“Markets had been leaning toward expecting multiple 10bp rate cuts, so a 20bp cut represents a slightly stronger than expected move,” he said in a note ... gave China’s central bank further ...

China’s central bank ... to “fulfil requirements set out at the central financial work conference” in October. The move follows comments from bank governor Pan Gongsheng over the necessity ...

As China’s economy has descended ... But at a press conference on September 24th the central bank revealed a change of heart. It announced a set of policies that was unusually bold.

SHANGHAI -- China's central bank stepped up support for ... rate forecast sent the dollar higher. The People's Bank of China (PBOC) set the reference rate -- around which the onshore yuan is ...

The People's Bank of China held the 1-year ... appropriate time," as Beijing has set an ambitious growth target of "around 5%." Goldman Sachs economists in a note earlier this month maintained ...

SHANGHAI -- China's currency fell to its lowest level against the U.S. dollar in 19 months on Tuesday after the central bank set its reference rate weaker amid a rapidly escalating trade war.