IntroductionSince the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a central ...

But, Chinese companies and their workers need to be paid in China's local currency. This means the Chinese banking system must convert dollars with the central bank, which must then do something ...

China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to ...

As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 billion). Argentina's central bank reportedly drew upon its swap line with China to combat a ...

BEIJING (Reuters) - China's central ... The yuan currency jumped to a 16-month high against the dollar. Pan told a news conference the central bank will in the near future cut the amount of ...

In Canada, for instance, the physical Canadian currency in circulation is less than 5% of the overall money supply; the remainder is held as commercial bank ... The central banks of China ...

China’s economic position is so strong that it is now considered the main threat to the U.S. dollar. It is an influential member of the BRICS+ group (which also includes Brazil, Russia, India and ...

Go big or bear the risk of watching China’s economy fall off a cliff, says prominent head of fiscal academy associated with ...

The interest rate cuts by the US Federal Reserve will not likely be strong enough to boost China’s economy, experts told CNA, ...

The Bank of Japan (BoJ) is the central bank of Japan ... The Board determines the guideline for currency and monetary control, sets the basic principles for carrying out the Bank's operations ...

Gold (XAU/USD) exchanges hands in the $2,620s on Tuesday as the yellow metal reaches the floor of its familiar $50 range of ...

European Central Bank Governing Council member Olli Rehn is seeking a second seven-year term as the governor of Finland’s ...