China forex reserves fall in March to $3.34 trillion
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices...
Tag : people’s bank of china
China expands digital yuan network with 12 new banks
BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting...
Yuan weakens further, testing China’s resolve amid U.S. policy shifts
Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and...