With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing.
In an interview, the Treasury secretary also highlighted progress at the World Bank and the International Monetary Fund ahead ...
The People's Bank of China, the country's central bank, has launched the first operation of a new swap facility aimed at ...
Chinese companies rushed to shift money back into their home market last month as US rate cuts reduced returns on dollar ...
The Indian rupee was nearly unchanged on Tuesday as likely intervention by the Reserve Bank of India supported the currency ...
The Chinese central bank’s swift enactment of swap facilities has raised market expectations of a firm implementation of ...
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies ...