China, under Article IV of the IMF’s fundamental framework, is obligated to maintain orderly exchange rate arrangements, avoid currency manipulation, and cooperate with IMF surveillance of its ...

The daily fix, which in theory sets the midpoint for the day's trading, now seems to set the strong side of the band.

While the yuan currently buys 12.07 rubles at the Russian central bank's exchange rate, Chinese banks are selling the currency at 13 rubles per yuan, charging a premium over the Russian central ...

Speaking later at a separate event, Geithner emphasized Washington's interest in a more flexible currency. "We welcome the fact that China's leaders have recognized that reform of its exchange rate ...

BANGKOK — Shares in Asia were mixed on Wednesday after the U.S. and China ended their latest round of trade talks without a ...

BEIJING, Dec 13 (Reuters) - China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media reported.

The House has passed H.R. 692 - China Exchange Rate Transparency Act of 2023. This bill was introduced by Representative Daniel Meuser. The vote was 388-7.

China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday a week before a G20 summit, strongly suggesting that it was ready to break the currency's 23 ...

China's currency has never been weaker. Ray Dalio says that's the key to a U.S.-China trade deal. Provided by Dow Jones Apr 10, 2025, 6:23:00 AM ...

Beijing has a powerful tool for responding to President-elect Donald J. Trump’s threatened new tariffs on Chinese goods: It could start a currency war, a step that poses formidable risks for ...

They also claim that China's policy of maintaining a weak exchange rate has so far cost 2 million American jobs in manufacturing, with more expected. Tim Condon, ING's chief Asia economist, says: "The ...