Dec 4 (Reuters) - China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually strong effort to rein in yuan strength, according to people ...
PBOC asks state banks to reduce dollar purchases, sources say Yuan faces pressure from U.S. tariffs, PBOC aims for stability Analysts warn sharp yuan depreciation risks financial stability April 9 ...
MUMBAI, April 7 (Reuters) - India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact of U.S. tariffs, multiple sources aware of the ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of US dollar-linked cryptocurrencies, people with ...
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