Consumer Confidence Final for Feb in Euro Area is -12.2, higher than the previous value of -12.4. The forecast was -12.2.
Inflation Rate YoY Prel for Feb in Germany is 1.9%, lower than the previous value of 2.1%. The forecast was 2%.
The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The USD/CNY exchange rate was trading at 6.8365, its lowest level since April 2023. It has dropped in the ...
Technical analysis suggests that the Chinese yuan has more gains. The USD/CNY exchange rate continued its strong downward ...
Early morning on February 27, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong ...
Early morning on February 25, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong ...
BEIJING, March 2 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 6.9236 against the U.S. dollar Monday, according to the China Foreign Exchange ...
The central parity rate of the Chinese currency renminbi, or the yuan, stayed flat at 6.9228 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System. In China's spot ...
China is accelerating renminbi internationalization via trade settlement, CIPS, and the digital yuan, but capital controls still limit the RMB’s global reserve role.
Global currencies swung widely on Tuesday as foreign exchange traders priced in the effects of an increasingly broad supply-side inflationary shock resulting from the Iran war. The US dollar index (DX ...
China's central bank announced on Friday that it will cut the foreign exchange risk reserve ratio for forward foreign exchange sales from 20 percent to zero, a move analysts say signals efforts to ...
(Yicai) Feb. 24 -- China should develop a modern financial system with Chinese characteristics, with the yuan as its monetary foundation, to become a financial powerhouse. This requires the yuan ...