(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...
China's CFETS basket, which measures the yuan's value against currencies of its major trading partners, is down 1.4% this year but above the 100-mark implying the yuan has been stronger than those ...
A month after the bill was passed, the Legislative Yuan yesterday submitted this year’s central government budget bill and its review to the Executive Yuan for promulgation, unchanged. The content of ...
as the central bank announced a record amount of offshore yuan bill sales to support the currency. The People’s Bank of China (PBOC) said earlier in the day it will sell 60 billion yuan ($8.18 billion ...