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Yuan’s share in global trade finance quadruples to 8% as de-dollarisation continues
By Ben Aris in Berlin The Chinese yuan has increased its role as the currency of choice to settle global trade deals, ...
Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...
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, ...
The yuan's central parity rate strengthened 67 pips to 6.9523 against the US dollar on Monday, according to the China Foreign ...
China banned unauthorized yuan-pegged stablecoins and related tokenized assets to protect monetary sovereignty.
China's central bank and other regulators issued a statement on Friday banning companies from issuing yuan-pegged tokens or ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the first time in 2 years ...
(Yicai) Jan. 29 -- The Chinese yuan has continued to show strong performance against the US dollar since the start of the ...
HONG KONG, Jan 28 (Reuters) - China's yuan touched a new 32-month high against the U.S. dollar on Wednesday after Beijing ...
New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international ...
The People’s Bank of China set the strongest reference rate for the currency in almost three years.
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