Chinese yuan surged to a 16-month high
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
Betting on a near-term rise in the Indian rupee has become costlier than wagering on its fall in the options market for the ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
Dollar-yuan moved below ¥7 and the Hang Seng reached above 20,000 on 26 September after a very strong improvement in ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...
Zoom Video Communications Inc. CEO Eric Yuan announced at the Concordia Summit in New York on Wednesday that AI will soon ...
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
The dollar rebounded from a 14-month low against the euro, with traders anticipating another major Federal Reserve interest ...
Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...
Russian banks and companies are increasingly choosing Kazakhstan for currency operations required to make payments to China ...
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
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