Tim Geithner’s decision to delay the US Treasury Department’s biannual report on international economic and exchange rate policy, originally scheduled for release on April 15, probably helped avert a ...

China has had an inflexible exchange rate regime for many decades. Until 2015, China had a crawling-peg-like arrangement. On 11 August 2015, the People’s Bank of China (PBC) took a decisive step ...

Officials from the People’s Bank of China insist the move was designed to bring the RMB in line with its market value. Ever since the People’s Bank of China announced on August 11 that it was going to ...

BEIJING, Sept. 28 (Xinhua) -- There is solid foundation for the exchange rate of China's currency renminbi (RMB) to remain generally stable, according to a Tuesday teleconference regarding the ...