The bill mandates the U.S. Executive Director at the IMF to work towards increased transparency in China's exchange rate policies. It seeks enhanced multilateral and bilateral surveillance by the IMF ...
This bill, known as the China Exchange Rate Transparency Act of 2023, aims to increase the transparency of the People's Republic of China's (PRC) exchange rate policies. The key components of the bill ...
China's central bank on Thursday said it would deepen exchange rate reform and increase yuan exchange rate flexibility, as well as improve the green financial system in order to achieve carbon ...
Russian companies that do business with China have encountered more headwinds in recent days as Chinese banks raised the yuan-ruble exchange rate to capitalize on their neighbor's weakened currency.
U.S. stocks are rising and recovering some of their sell-off from Friday. The S&P 500 climbed 1.6%. The Dow Jones Industrial Average rose 598 points, and the Nasdaq composite jumped 2.1%.
China's exchange rate regime does not need to be fundamentally changed, but the country should closely monitor large short-term capital inflows and the risk of a rapid yuan appreciation, a former ...
China’s foreign-currency reserves increased for the first time in eight months in February, but still remain around six-year lows. The People’s Bank of China is depleting reserves to buoy the value of ...
China's response, both in terms of trade policy and currency exchange rate, and the latest economic data have led many to ...
Trump’s tariff moves following China’s rare-earths export controls ripple through markets Read more at The Business Times.