people’s bank of china Archives

China foreign exchange reserves decline in June

manamalive.comJuly 9, 2026July 10, 2026

by manamalive.comJuly 9, 2026July 10, 2026064

China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value of reserve holdings. The State Administration of Foreign Exchange said...

Business

China forex reserves fall in March to $3.34 trillion

manamalive.comApril 9, 2026April 10, 2026

by manamalive.comApril 9, 2026April 10, 2026072

BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of...

Business

China expands digital yuan network with 12 new banks

manamalive.comApril 3, 2026April 4, 2026

by manamalive.comApril 3, 2026April 4, 2026089

BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting the total number of approved operators to 22. The People’s...

Yuan weakens further, testing China’s resolve amid U.S. policy shifts

manamalive.comJanuary 20, 2025January 20, 2025

by manamalive.comJanuary 20, 2025January 20, 20250241

The Chinese yuan is under mounting pressure, reflecting the dual challenges of a resurgent U.S. dollar and rising concerns over the economic policies of incoming U.S. President Donald Trump. Market analysts suggest Beijing’s efforts to...