US Dollar (USD) is likely to edge lower against Chinese Yuan (CNH), but any decline is likely limited to a test of 7.1500. In the longer run, downward momentum has increased further; if USD breaks ...

There is potential for US Dollar (USD) to drop below 7.1500 against Chinese Yuan (CNH); it is unclear whether there is ...

Since the late 2000s, China has tried to accelerate internationalization of its domestic RMB with policy measures such as dim sum bonds. Dim sum bonds are bonds issued in foreign countries but ...

RMB displaces USD as Asian reference currency; new currency bloc emerges. The RMB has become the dominant reference currency in east Asia, eclipsing the USD and the EUR, according to a ...

Update: The story was updated with tentative bond value. E-commerce giant Alibaba (NYSE:BABA) to offer U.S. dollar-denominated senior unsecured notes and RMB-denominated senior unsecured notes ...

Global investment banks are rushing to trim their forecasts for the Chinese yuan amid the looming threat of rising trade tensions following Donald Trump's win in the U.S. presidential election.

Countries are lining up backup currencies — such as the Chinese yuan — for trade and transactions. Sanctions against Russia sound a cautionary tale over the power Washington and the USD wields ...

Lightspeed China Partners Closes Oversubscribed USD Fund III at $260 Million and Launches RMB Fund. Contacts. Lightspeed China Partners Jingying Li, (86) 21 5386 6500 [email protected].

The U.S. dollar/Chinese Yuan continues to stay in the 7.25-7.27 range in recent weeks. The index is up more than 2% year-to-date, and up 0.43% from the previous month.

The next phase of the belt and road could see more trade, financing and investment deals carried out in the Chinese currency as countries try to avoid the risks associated with the US dollar ...

USD/CNH bears lick their wounds at the lowest level in a month as the offshore Chinese Yuan pair rebounds from the monthly low to 1.1470 early Friday, after initially refreshing the multi-day bottom.