The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12,
Tag: US Dollar/Chinese Renminbi FX Spot Rate
China’s PBOC intervenes after yuan hits 16-year high against greenback
Photo taken on Aug 17, 2023 shows US dollars and Chinese yuan in Fuyang city, East China’s Anhui province. Nurphoto | Nurphoto
Previous monetary stimulus not working, loans fall
China’s economy likely recovered in the second quarter, according to a private survey with more than 4600 respondents and conducted by China
Asia pushes back on ‘excessive’ currency moves amid enduring dollar strength
The People’s Bank of China set the yuan trading mid-point on June 28 at its weakest in eight months. Sheldon Cooper |
HKD-RMB dual counter scheme solidifies Hong Kong’s yuan trading role: HKEX
HONG KONG, CHINA – JUNE 05: A pedestrian walks by an electronic screen displaying the numbers for the Hang Seng Index on
Goldman joins Wall Street banks in cutting China’s growth outlook
Aerial photo shows the traffic flow on a viaduct in Nanjing, East China’s Jiangsu Province, June 16, 2023. (Photo by Costfoto/NurPhoto via
Morgan Stanley upgrades its 2023 growth outlook for China
Employees working on the production line of carbon fiber badminton rackets at a factory in Sihong County, in China’s Jiangsu province. China
Chinese stocks rally on reopening hope; Morgan Stanley upgrades rating
A pedestrian along a road in Beijing, China, on Monday, Oct. 24, 2022. Source: Bloomberg Bloomberg | Bloomberg | Getty Images Chinese
Asia could stand out from economic doom and gloom next year: economists
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next
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