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foreign exchange
China Appoints New Central Bank Leader Amid Economic Woes
Chinese leaders appointed a new Communist Party chief at the People’s Bank of China (PBOC) on July 1, a surprise move that some experts say is a desperate attempt to ...
July 6, 2023
BY
Mary Hong
Heading Out? Avoid Foreign Exchange Gouges
Since at least biblical times, money changers have been gouging foreign visitors exchanging their currency for local shekels. ...
March 28, 2023
BY
Ed Perkins
Get the Most (or Lose the Least) in Foreign Exchange
With COVID-19 restrictions falling, chances are that many of you are considering a trip to Europe or Asia ...
March 8, 2022
BY
Ed Perkins
Russian Banks Imported $5 Billion in Foreign Cash in December: ACRA Estimates
MOSCOW—Russian ratings agency ACRA estimates that the country's banks imported $5 billion worth of banknotes in foreign currencies ...
February 22, 2022
BY
Reuters
P&G Raises Sales Outlook on Resurgent Demand for Cleaning Products
Procter & Gamble Co raised its annual sales forecast on Wednesday, as the consumer goods giant benefits from ...
January 20, 2022
BY
The Associated Press
Refinitiv Examines Changes to Key Daily Foreign Exchange Fixing Window
LONDON—Refinitiv is considering a series of changes to its daily foreign exchange (FX) fixing, including lengthening the trading ...
September 6, 2021
BY
Reuters
Chinese Regime Restricts Citizens’ Foreign Travel
Beijing announced new restrictions on Chinese citizens' foreign travel on Nov. 12. Since then, dozens of land ports ...
November 25, 2020
BY
Alex Wu
Is the ‘Hot and Cold’ Chinese Economy a Blessing or a Curse?
Commentary Since the beginning of the Sino–U.S. trade war in March 2018, the Chinese economy has been on ...
April 2, 2019
BY
He Qinglian
China to Defend Seven Yuan Per Dollar Rate, But May Find it Tough
BENGALURU—Chinese authorities will defend the yuan from weakening past the psychological 7 per dollar rate, very close to ...
November 1, 2018
BY
Reuters
Fearing Depreciation, Chinese Are Breaking the Law to Move Their Money Abroad
China has implemented tight control over its foreign exchange reserves due to the depreciating value of the yuan ...
September 26, 2018
BY
Central News Agency
Falling China Trade Just One Piece of Economic Puzzle
When China reported another month of foreign exchange outflows Dec. 7, analysts were hoping trade numbers on Dec. ...
December 8, 2015
BY
Valentin Schmid
Inside the IMF’s Reserve Currency Matrix
Epoch Times has correctly predicted the IMF would include China in the basket for its international reserve currency. Now that ...
December 3, 2015
BY
Valentin Schmid
HKD$71.5 Billion Flows Into Hong Kong in One Month
Funds worth HKD $71.5 billion (US $9.2 billion) flowed into Hong Kong in April, said Hong Kong Monetary ...
May 6, 2015
BY
Li Zhen
Chinese Yuan Crashes, Central Bank Move Coming?
China’s yuan crashed against the dollar on Jan. 30 in offshore trading, spurring rumors that a central bank ...
February 1, 2015
BY
Fan Yu
G-20 Leaders Set Goals, but Can They Meet Them?
Under pressure to jolt the lethargic world economy back to life, leaders of G-20 nations on Sunday finalized ...
November 16, 2014
BY
Kristen Gelineau
The Fix Is In: How Banks Allegedly Rigged the $5.3 Trillion Foreign Exchange Market
Suppose you’re in the supermarket shopping for groceries. While you’re strolling the aisle with your cart, a shadowy ...
November 15, 2014
BY
Carol Osler
American Exchange Student Punished for Pro-Democracy Note in China
Henry DeGroot, an 18-year-old senior at Newton North High School in Massachusetts, experienced at a personal level what ...
June 13, 2014
BY
Karen Cheng
TOP NEWS
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
1hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
3hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
3hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
3hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
4hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
4hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
5hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
5hr
By
Jackson Richman
and
Nathan Worcester
US Signs Nuclear Cooperation Deal With Saudi Arabia
5hr
By
Emel Akan
Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
6hr
By
Jack Phillips