The change in wording reflects the PBOC’s firm determination to maintain the stability of the yuan’s exchange rate, according to the Financial News, a newspaper under the central bank.

This course seeks to provide you with a working knowledge of these issues. The topics we cover include: the nature of foreign exchange risk, the determination of exchange rates and interest rates, the ...

Chinese foreign-exchange regulators reiterated ... they aim to stabilize the yuan exchange rate at a reasonable, balanced level. They emphasized their determination to penalize any actions that ...

The PBoC has declared its determination to maintain the “basic stability” of the renminbi and not allow “overshooting” of the exchange rate in markets. Beijing, which is grappling with ...

and Exchange Rate Determination and the Foreign Exchange Market. The discussions offered valuable insights into real-world economic challenges, providing participants with practical knowledge ...