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In a notice on the website of the Hong Kong Monetary Authority (HKMA), the PBoC said today (January 9) that it would auction 60 billion yuan ($8.18 billion) of six-month renminbi bills through the ...
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] Offshore renminbi bond issuances more than doubled last year while panda bond ...
BAGUIO CITY — A total of P685.6 billion worth of banknotes were retired by the Bangko Sentral ng Pilipinas (BSP) in 2024 as these were no longer fit for circulation, the central bank reported Friday.
The visit laid bare Xi’s desire to keep China’s currency strong.Now, as a new trade fight with Washington approaches, Beijing is divided on whether it will be necessary to let the currency weaken in ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to improve capital flows by allowing ...