Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak economy has led Wall Street to increase its bets against the renminbi. However, this is to ...
The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi traded in mainland China can deviate by 2 per cent — stable at about Rmb7.19 ...
China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of ...
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
The latest price of silver per ounce, gram, and kilogram using real-time interactive silver price charts. View the price of silver for different currencies around the world and various time ...
Market participants optimistic that new provisions for offshore repos of onshore bonds is first step towards mainland access ...
Oxford University Press, 2016, 344 pp, $29.95 (hardcover). Such is the scope and range of Eswar Prasad’s new book Gaining Currency: The Rise of the Renminbi. In it, the author capitalizes on the ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, ...
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong ...