News

China’s efforts to position its currency, the yuan, as a rival to the US dollar in international transactions, have gained ...
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 29 pips to 7.1385 against the dollar on ...
Morgan Stanley issues China’s first US panda bond, marking a new era of foreign participation in the yuan-denominated bond ...
BEIJING, July 25 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 34 pips to 7.1419 against the U.S. dollar Friday, according to the China Foreign Exchange ...
BEIJING, July 24 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 29 pips to 7.1385 against the U.S. dollar Thursday, according to the China Foreign ...
Asian Banking & Finance on MSN8d
Chinese yuan loans, deposits rose in H1 2025
Outstanding yuan loans grew 7.1% to $37.41t. Outstanding Chinese yuan (RMB) and foreign currency loans rose 6.8% year-on-year ...
Chinese blockchain developer Conflux has rolled out the third iteration of its public network and announced plans for a ...
China is continuing to chip away at dollar dominance of the global financial system and is seeking to enhance the role of its currency, the renminbi (yuan), by easing restrictions on its movement ...
European companies are facing increasing pressure due to China's alleged currency manipulation to keep its yuan weak, a study ...
Australia, South Korea, and India are exceptions in the rally in Asia, which saw the Nikkei extend yesterday's rally with ...
Ltd, a wholly owned subsidiary of Singapore state investment company Temasek Holdings, sold 5.5 billion Chinese renminbi ($768 million) of offshore bonds on Wednesday. The company said in a statement ...
The greenback is firm as the week winds down. Next week could be one of the most eventful of the year. Click to read.