China's de-dollarisation mission: Xi calls for making yuan a global reserve currency

Amid global economic uncertainties, Chinese President Xi Jinping said the country needs to build a ‘strong currency’ and aims ...

Analysis-Yuan expected to rise in 2026, but Beijing has its reasons for saying not so fast

SHANGHAI, Feb 4 (Reuters) - Booming exports are pushing up China's currency and while analysts think authorities will resist ...

Yuan heads for longest weekly winning streak against dollar in 13 years

HONG KONG, Feb 6 (Reuters) - China's yuan held a soft tone on Friday, but remained on track for its longest winning streak against the dollar in nearly 13 years buoyed by strong exports. By 0355 GMT, ...

China sets yuan benchmark below 7 per dollar for first time since 2023

China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
Business Insider

The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

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 ...