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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, ...
Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign ...
SHANGHAI (Reuters) -China kept benchmark lending rates unchanged as expected on Friday, after Beijing rolled out sweeping ...
The People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday.
Until investors get a clearer sense of whether the U.S. will launch strikes on Iran, markets aren’t likely to find solid ...
As low denomination coins begin to vanish in the West, one woman in China proves they're still worth their weight—one jiao at ...
While it is the world's largest producer of gold, China gold reserves lag behind other major countries, including the United ...
SHANGHAI (Reuters) -China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an ...
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...
SHANGHAI (Reuters) - China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been ...
China ramped ... to limit yuan depreciation this year, the relatively steady onshore yuan is expected to pull the offshore yuan back to near 7.3 level by year end.” The central bank had been ...