Representatives attend an event to announce the opening of an ICBC Jeddah branch in Riyadh, Saudi Arabia, on May 16, 2023. The Industrial and Commercial Bank of China (ICBC) on Tuesday opened a new br
Tag: currency
Macao\’s broad money supply rebounds in March
MACAO, May 5 (Xinhua) — Macao\’s broad money supply rebounded by 1.5 percent month on month to 726.8 billion patacas (about 89.9 billion U.S. dollars) in March, the special administrative region\’s (SA
European banks pull back after collapse of First Republic in U.S.
This photo taken on April 24, 2023 shows an exterior view of a branch of First Republic Bank in Millbrae, California, the United States. (Photo by Li Jianguo/Xinhua)
The collapse of First Republic Ban
Macao\’s broad money supply retreats in February
MACAO, April 4 (Xinhua) — Macao\’s broad money supply retreated by 1.1 percent month on month to 716.1 billion patacas (about 88.5 billion U.S. dollars) in February, the special administrative region\’
China\’s external debt declines in 2022
BEIJING, March 31 (Xinhua) — China\’s outstanding foreign debt stood at approximately 2.45 trillion U.S. dollars at the end of 2022, data from the country\’s forex regulator showed on Friday.
The balan
Lebanese currency hits all-time low amid financial crisis, political deadlock
A teller arranges stacks of Lebanese pound banknotes at a foreign exchange office in Tripoli, Lebanon, on March 14, 2023. The Lebanese currency on Tuesday collapsed to 100,000 Lebanese pounds (LBP) pe
Macao\’s broad money supply continues to grow in January
MACAO, March 6 (Xinhua) — Macao\’s broad money supply continued to grow by 0.9 percent month on month to 724.1 billion patacas (about 89.6 billion U.S. dollars) in January, the special administrative
Moody\’s changes Pakistan\’s outlook from negative to stable
ISLAMABAD, Feb. 28 (Xinhua) — Moody\’s Investors Service has changed Pakistan\’s outlook from negative to stable while downgrading its local and foreign currency issuer and senior unsecured debt rating
Chinese banking sector assets up in 2022
BEIJING, Feb. 26 (Xinhua) — Chinese banking financial institutions saw a steady expansion in assets in 2022, data from the country\’s top banking and insurance regulator showed.Local and foreign curre