Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
He also weighed in on how China manages its massive pile of foreign exchange reserves, which rose to 3.109 trillion in October... READ MORE›
Mr Hoogewerf said Mr Wang's fortunes declined after he de-listed Wanda from Hong Kong's stock exchange last year, missing out on a mini-boom for Chinese developers... READ MORE›
Money has been leaving in yuan payments for 14 consecutive months, while the central bank's yuan positions have slumped the most since January... READ MORE›
If spending is raised to 4 percent that probability rises to about 5 percent... READ MORE›
The currency fell 0.2 percent to 6.7179 against the dollar at 6 15 p.m in Shanghai, the weakest since September 2010... READ MORE›
The initiative channels money to high-profile U.S. real estate projects from New York to Miami to California... READ MORE›
Japan, America's largest foreign creditor, trimmed its holdings for a second straight year... READ MORE›
The authorities also stepped up scrutiny on individual foreign currency purchases, although they kept the 50,000 annual individual quota in place... READ MORE›
In its October foreign exchange report, the outgoing Obama administration gave both Taiwan and China a pass by not naming either a currency manipulator... READ MORE›
In October, China's holdings of U.S. Treasuries fell by 41.3 billion to 1.115 trillion, according to data from the U.S. Treasury Department... READ MORE›
The yuan has depreciated 7.8 percent against the U.S. dollar since the central bank devalued the currency in August last year... READ MORE›
Banks can convert such funds raised overseas into yuan with the People's Bank of China, helping to boost the central bank's foreign-currency reserves... READ MORE›
The link between China's domestic equities and those overseas has subsided, offering greater diversification for global money managers... READ MORE›
China lets yuan fall faster share trading suspended as prices tumble... READ MORE›
China has no need to 'regard foreign exchange reserves as gold', the overseas edition of People's Daily said... READ MORE›
Foreign exchange reserves fell 512.66 billion in 2015 to 3.33 trillion, central bank data showed on Thursday... READ MORE›
China firms take on risks by raising foreign-currency bonds... READ MORE›
Sheng Songcheng, adviser to the People's Bank of China PBOC, said regulation was needed for a healthy market... READ MORE›
Data out on Monday showed China's foreign exchange reserves fell by a record amount in August as authorities sought to prevent the currency from sliding further... READ MORE›
On Tuesday, Fernandez's lawyer accused Bonadio of distorting the facts to try to put his client in jail... READ MORE›
However, the question now is are the recent PBOC moves enough to shore up the yuan and stem capital outflows?... READ MORE›
Brazil President Dilma Rousseff on Saturday cited the nation's foreign currency reserves as a backstop to excessive volatility and weakness in the Brazilian real... READ MORE›
Belarus, a major transit route for Russian gas to Europe, has previously said a price of 73 would be reasonable... READ MORE›
Naturally we I mean the government will help the central bank in the sense of additional foreign currency inflows Medvedev said... READ MORE›
A Chinese newspaper known for its strident nationalism equated the decision with a coronation ceremony for China as it ascends in the new world order... READ MORE›
Donald Trump may have branded China a currency manipulator but the data show Beijing has paid a hefty price propping up the yuan... READ MORE›
But Wang said the Beijing-based investment bank, which added 10 bankers to its M A team last year, still needed to lift its game outside China... READ MORE›
Monetary policy and a reversal of the balance sheet expansion that allowed emerging market central banks to grow their foreign exchange reserves, he added... READ MORE›
The two countries account for over a third of the total foreign ownership of US Treasuries, the figures showed... READ MORE›
The China-led Asian Infrastructure Investment Bank is a rival to the United States-led World Bank and the Asian Development Bank... READ MORE›
The yuan was less volatile than major reserve currencies, and its volatility was far below other emerging market currencies, Yi said... READ MORE›
Foreigners are ploughing record sums into the city's office market lured by higher yields than elsewhere and now own almost one in every five downtown buildings... READ MORE›
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