China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the US Federal Reserve's aggressive money printing, which threatened the value ...

Any geopolitical shocks following the interim U.S.-China truce are likely to make the yuan more vulnerable, said Mizuho Securities.

China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...

Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for ...

SHANGHAI/HONG KONG, Aug 13 (Reuters) - A global markets sell-off spurred by an unwinding of yen-funded carry trades has turned the spotlight on China's yuan, which is also used widely as a cheap ...

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...

The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.

Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The People’s Bank of China, the central bank, set its reference rate at 7.2038 ...

China’s central bank digital currency is known as the digital yuan, e-CNY or e-RMB and despite the hype, it represents a minuscule portion of the money supply and has only been used at any scale a few ...

Chinese digital yuan has been used in its first cross-border oil deal for 1 million barrels on the Shanghai Petroleum and Natural Gas Exchange (SHPGX) from PetroChina International Corp Ltd. The ...