The Chinese Yuan weakened to a 16-month low on Wednesday, just ahead of the inauguration of US President-elect Donald Trump.
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
Gold prices were muted on Wednesday’s trading session as investors assessed slower monetary easing by the US Federal Reserve ...
On Tuesday, despite the strengthened U.S. dollar and rising U.S. Treasury yields curbing buyer interest in precious metals, ...
Oil prices moved higher yesterday with sentiment remaining supportive. Meanwhile, China’s central bank added to its gold ...
European stocks were set to follow losses in Asia and the US as growing concern about inflation led to a selloff in ...
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
DESPITE external headwinds, the Chinese yuan is expected to maintain its resiliency and rebound later this year, thanks to ...
RBI accumulated 73 tons of gold. This massive acquisition made it the second-largest buyer after the National Bank of Poland ...
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will ...