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 ...
The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.
Trump’s rumored picks spark Chinese market selloff, yuan hits three-month low. Weak Chinese credit growth adds to concerns over fragile domestic demand. The market’s back, and these 3 income stocks ...
Markets are stabilizing after Monday's selloff, but concerns are shifting to the Chinese yuan. Some analysts are warning of potential yuan carry trade unwind. Japan's interest-rate hike triggered a ...
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 ...
SHANGHAI, Oct 26 (Reuters) - China's yuan eased against a strengthening dollar on Thursday, but the losses were limited as the central bank continued to use the official guidance fix to keep the ...
Chinese state-owned banks have been buying up the yuan and selling the dollar, Reuters reported. That comes as China's central bank lowers the dollar-yuan daily fixing rate to a three and half month ...
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 ...
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