Browsing: Economy
A plunge in the value of the Indian rupee to record lows over the past week as Asia’s worst-performing currency…
Huang Yiping is the dean of Peking University’s National School of Development and a member of the Monetary Policy Committee…
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains resilient to…
Russia is inching closer to its first yuan-denominated sovereign bond sale, aiding China’s push to raise the global standing of…
In May 2023, Australian economist Paul Sheard published a book, The Power of Money, explaining how governments and banks create…
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…
Hong Kong is ramping up efforts to expand the use of local currencies across the Asia-Pacific region, including developing a…
An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…
Earlier this month, the US Democrats, whom many had written off, swept the local and state elections. From Zohran Mandani…
Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of the Council…