Investing.com -- The People's Bank of China expressed confidence on Friday in its ability to maintain a "basically stable" yuan exchange rate at a "reasonable and balanced" level.

China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...

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.

[Photo/VCG] SHANGHAI -- China has taken firm steps to prevent the risks of exchange rate overshooting, said Pan Gongsheng, governor of the People's Bank of China, on Wednesday. The RMB exchange ...

Unlike in the past, when Beijing has given loans in non-Chinese currency too, this time Pakistan’s strategic ally has decided ...

China’s central bank unexpectedly cut a key policy rate to support the country’s ailing economy Monday, just days after a flurry of data showed that a lopsided recovery might have lost some steam.

Beijing’s central bank governor and other top financial officials outlined plans to cut interest rates and reduce bank reserve requirements to help free up more funding for lending. They also said the ...