China will adjust the weightings of its yuan CFETS basket in 2025, the country's foreign exchange trade platform said on Tuesday.
Looking ahead, the intervention from the central bank is likely to reduce as direct intervention in the currency market led ...
What China is currently undergoing is what economists call ‘the middle-income trap’—reaching a certain level of income per ...
The Australian dollar has fallen sharply, hitting a multi-year low of 61.88 US cents — a level not seen since October, 2022. Earlier on Wednesday, the dollar fell below the previous low of 61.99 US ...
Geopolitical situation, the rhetoric of sanctions, the Bank of Russia’s monetary policy, as well as the situation with budget spending, will continue to have the greatest impact on the rate of the nat ...
The State Administration of Foreign Exchange wants banks to monitor and report risky trades, including those involving ...
Today’s policy discourse evaluates the sovereignty of independent nations, juxtaposed against the challenge of the Make America Great Again “MAGA” populist nostrum; that’s being vigorously projected b ...
From DeFi to AI, Stablecoins to Tokenized Assets — what did innovations in blockchain & crypto teach us in 2024? We choose ...