Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar index, and not because of a change in China's economic fundamentals. The ...
The People's Bank of China said the one-year loan prime rate (LPR), the corporate lending rate, remained at 3.1%, while the five-year mortgage benchmark was maintained at 3.6%. The LPR is calculated ...
As global markets navigate a mixed landscape, with U.S. stocks closing out a strong year despite recent volatility and European inflationary pressures influencing economic sentiment, investors are ...