Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
China’s yuan has gained about 0.6% against the dollar this week as Beijing unveiled its biggest stimulus since the pandemic ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh ...
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support ...
It's notable that the yuan's rally this week has been accompanied by surging stocks and higher bond yields. In the long run, ...
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh ...