Beijing was in no rush to allow the yuan to float freely
The People's Bank of China said the move showed the international community expected China to play a bigger role in...
The remaining question is the yuan's weight in the basket.
Trade deficit was at $4.1 billion in the first 10 months of the year, approaching the official $6 billion...
The move could increase demand for the yuan among reserve managers as well as marking a symbolic coming of age...
She arrived from Korea and failed to declare the money, an offense that potentially carries a 10-year jail term
Yet the outlook for inflation is complicated by a weakening currency.
“It’s clear producers in Brazil have seen their costs fall more than growers in Vietnam, where the dong hasn’t...
New restrictions on dollar sales and very low interest rates on dollar deposits can help, but not for a long time...
Vietnamese banks expect deposits in the dong currency to grow, but expect a decline in foreign currency deposits
The interest rate ceiling on dollar deposits by individuals will be cut to 0.25 percent from 0.75 percent
Premier Li's comments followed messages from China's central bank that the yuan has been basically stable against a currency...
Some U.S. firms have rushed to place foreign currency orders hedging against further declines in the British pound
Vietnamese farm products have become much less competitive compared to offerings from Brazil and Thailand