Tuesday, Apr 23, 2024 | Last Update : 07:28 PM IST

People’s Bank of China

China slashes rate, adds $7 bn to banking system to counter virus

People's Bank of China said it launched a 50-billion-yuan reverse repurchase operation and lowered seven-day reverse repurchase rate

30 Mar 2020 12:29 PM

China media says US 'destroying international order', after currency-manipulator branding

The accusation, which followed a sharp slide in the yuan on Monday, has driven an even bigger wedge between the world’s largest economies.

06 Aug 2019 12:23 PM

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