China’s central bank vows to support Shanghai and Hong Kong as finance centres as it takes ‘next step’ in ...
As a key Treasury license is set to expire this month, it could become a lot harder for Russia to transact in foreign ...
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and ...
Analysts said Beijing was also likely to keep a tight grip on the currency through a US election that could drastically alter the dollar’s path, if voters back Donald Trump’s policies of high tariffs ...
Recent talks of China paying for Saudi oil trade in yuan led to expectations that China’s massive purchases from the kingdom ...
The central parity rate of the Chinese currency renminbi or the yuan weakened 174 pips to 70742 against the US dollar Thursday according to the ...
During the past week, the exchange rate of Chinese yuan has seen some fluctuations following a period of rapid appreciation.
Use of the Chinese currency for cross-border trade rose by more than a fifth in the first eight months as Beijing pushed for the yuan to play a bigger role in global business. According to the ...
China’s onshore yuan had its worst day in more than a year after a week-long break, fueling a broader weakening among Asian ...
China's CBDC app has achieved 180 million personal wallets and ¥7.3 trillion in transactions- a major milestone in digital ...
SHANGHAI: China’s yuan inched higher against the dollar on Thursday, as the central bank’s latest move to prop ...