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China central bank says to steadily and prudently push forward yuan internationalisation

Channel News Asia LogoChannel News Asia2 mo ago

China central bank says to steadily and prudently push forward yuan internationalisation - Channel News Asia

Quick Summary:

SHANGHAI :China's central bank said it will steadily and prudently push forward yuan internationalisation to promote a higher level of two-way opening up its financial markets.

The report comes at a time when the currency is facing renewed depreciation pressure, weighed by a buoyant dollar, hawkish Federal Reserve tightening and a slowing economy.

FILE PHOTO: The headquarters of the People's Bank of China, the central bank, in Beijing, China, February 3, 2020.


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China central bank says to steadily and prudently push forward yuan internationalisation - Channel News Asia (Picture 1)China central bank says to steadily and prudently push forward yuan internationalisation - Channel News Asia (Picture 2)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23 @ 19:29:19 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1844 (out of 2219 stories this day)

News Source URL: channelnewsasia.com

Language: English

Article Length: 314 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 492853

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 72 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "China central bank says to steadily and prudently push forward yuan internationalisation" was covered 2 months ago by Channel News Asia, a news publisher based in Singapore.

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  • News ID: #492853
  • URL: https://beamstart.com/news/china-central-bank-says-to-16639355791356

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