Amidst uncertainties in global trade, the world’s second-largest economy has announced plans to increase...
Dollar Rockets amid Trade Tensions, Pressuring Peso, Loonie, and Yuan
The U.S. dollar rallied broadly on Monday, exerting pressure on its Canadian and Mexican...
Dollar Index Aims to Break 110 Mark as Yuan Falls below 7.3 Threshold
The US dollar index is poised to break the 110 mark for the highest...
China Holds Lending Rates Steady amid Growth Challenges and Weakening Yuan
China maintained its key lending rates on Friday amid efforts to nurture economic growth...
Yuan Takes a Tumble amid Concerns on U.S. Tariff and Sluggish Chinese Growth
The yuan descended to its weakest stance against the dollar in approximately a year,...
PBOC Keeps MLF Rate Unchanged in a Bid for Yuan Stability after Trump Presidency
The People's Bank of China (PBOC) maintained the medium-term lending facility (MLF) rate steady...