The People’s Bank of China set the strongest reference rate for the currency in almost three years.
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
China's yuan reached a near 32-month high against the U.S. dollar, after the central bank shifted the guidance rate beyond the 7-per-dollar mark. This move, indicating potential policy shifts, allows ...
Due to President Donald Trump’s willingness to upend the global status quo, financial commentators and elite media outlets ...
Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...
The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.
China is shifting from dollar rivalry to creating a parallel, sanction-proof financial system through RMB trade settlement, ...
China's yuan is gaining increasing usage globally, pointing to the de-dollarization of transactions worldwide — gradually The US dollar has been the world's reserve currency since the second world war ...
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