Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...

The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial ...

and the currency's value may not be determined by policy changes in a single market. Yue said the HKMA is actively ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

China's foreign-exchange reserves rose in January, after falling in December as the dollar index weakened, according to official data released Friday. The nation's reserves of foreign currency rose by ...

US and EU Response: The stability in China’s currency could influence the stance of US and European trade policymakers. While ...

Getty Images/AFP President Donald Trump is again threatening to slap BRICS nations with a 100% tariff if they replace the dollar as their reserve currency. "The idea that the BRICS Countries are ...

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...

U.S. President Donald Trump vowed on Jan. 31 to impose 100% tariffs on BRICS countries if they attempt to use new or existing currency to replace the U.S. dollar in international trade. "We are going ...

The US president has renewed a 100% tariff threat toward BRICS nations over their alleged attempts to create an alternative world reserve currency. DW examines why they are unhappy with the ...

In local currencies, the swap was worth 15 billion renminbi or N720 billion ... ramping up efforts to boost the yuan's appeal as an alternative currency in international trade and as a reserve ...