Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...

China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...

The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial ...

The Hong Kong Monetary Authority (HKMA) said it would launch a 100 billion yuan (US$13.7 billion) funding facility at the end ...

Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting ...

Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to ...

Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...

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China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

(Bloomberg) -- Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s ...