Discover why Grab's undervalued share price offers a strong buying opportunity. Explore its growth potential, profitability ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

Investors have pulled back from popular Trump trades partly because the president’s tariffs have so far been less aggressive ...

BEIJING, Feb. 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange ...

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and the currency's value may not be determined by policy changes in a single market. Yue said the HKMA is actively communicating with relevant parties to enrich Hong Kong's offshore renminbi ...

CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to improve capital flows by allowing ...

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.

It’s likely that the PBOC’s efforts will keep the CNY as a low-volatility currency this year. Donald Trump's election victory last November unsurprisingly sent significant shockwaves through ...

Netting’ cut Philips’ cross-border transactions from 4,000 yearly to just one a month. HSBC has launched a cross-currency netting solution in China that helped Koninklijke Philips NV — known globally ...

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1716 as compared to the previous day's fix of 7.1707 and 7.3067 Reuters estimates.