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Its been a year since Indias government banned the use of high-value paper money. That decision is being heavily criticized by some individuals and groups. Prime Minister Narendra Modi who ordered the action in November 2016 has repeatedly defended h
2017年VOA慢速英语(十一)月
WASHINGTON, Sept. 29 (Xinhua) -- The U.S. House of Representatives（众议院） on Wednesday passed a bill to press China to let its currency rise faster, amid accusations that China suppressed the value of its currency and placed a drag on U.S. jo
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WASHINGTON, May 27 (Xinhua) -- The U.S. Treasury Department(财政部 ) said in a report released on Friday that China was not manipulating its currency. In China, since the authorities decided in June 2010 to allow the exchange rate to appreciate in
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China and Britain have agreed on a currency swap deal, allowing exchanges of up to 200 billion RMB or 20 billion pounds. The agreement will involve a reciprocal 3-year currency swap line. The deal was announced in an online statement by the Bank of E
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The U.S. legislation is headed for a final vote in the Senate, which intended to push China to let the yuan appreciate further. The bill called for tariffs on imports from countries with deliberately undervalued currencies. A bipartisan majority that
世界各地新闻集锦
Topic 1-Chinas central bank steps up efforts to create digital currency Contactless payments, alipay, WeChat wallet, Apple Pay the digital world is turning quickly to electronic money, with cheques and now cash on the endangered list. Recently China'
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