Egypt banks on Beijing as premier visit seals yuan, payment deals
Egypt and China signed multiple memoranda of understanding to enhance financial cooperation, including facilitating transactions in yuan, during a visit ...
Tag: yuan
China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
China decided to keep its key lending rates unchanged, with the 1-year loan prime rate at 3.1% and the 5-year ...
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The Chinese yuan is expected to depreciate against the strong U.S. dollar, raising concerns about the extent of the currency's ...
Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Chinese authorities are grappling with a weakening yuan as global investment banks predict record lows due to U.S. president-elect Donald ...
China's central bank keeps medium-term loan rate unchanged amid yuan weakness
China's central bank kept its medium-term lending rate steady at 2.0% to stabilize the yuan post-Trump's victory, with MLF loans ...
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