News

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1419 as compared ...
USD/ CNY gained modestly on Monday after the Peoples Bank of China (PBOC) left its key lending rates unchanged. China held ...
USD/CNY fell to its lowest level in three weeks on Wednesday as Yuan gained traction amid signs of easing trade friction and continued firm guidance from Chinas central bank. Markets turned upbeat on ...
The US Dollar (USD) is trading a little higher overall on the session but its performance is more mixed against the G10 currencies and it slipped to its lowest since November against the CNY in ...
MG is poised to make a significant impact on the EV market with the launch of the MG4 in China on August 4. This compact electric hatchback is the first mass-produced EV to feature a semi-solid ...
China’s currency could benefit from GDP growth, an upturn in equities and easing depreciation pressure following a temporary trade truce with the U.S.
The Chinese yuan (CNY) surged on July 24 to its strongest level of the year, breaking an eight-month high against the U.S.
Yen gained further strength as investors increased bets on a Bank of Japan interest rate hike in the near term. The greenback ...
China overtook the US in purchasing power parity (PPP) nine years ago in 2016, and by 2022 the International Monetary Fund ...
Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.