Washington says it could still designate Beijing in future if evidence found that it limits currency's strength The United ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
The US Treasury characterized the yuan as “substantially undervalued,” and called on China to allow its exchange rate to ...
HONG KONG, Jan 28 (Reuters) - China's yuan touched a new 32-month high against the U.S. dollar on Wednesday after Beijing ...
The CFETS RMB Exchange Rate Index is a key indicator that measures the value of the Chinese yuan against a basket of currencies from its major trading partners. A decrease in this index suggests a ...
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Lunar New Year.
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.
The total size of the RMB Business Facility in the city will rise to 200 billion yuan (S$36.4 billion) from Feb 2 Read more ...
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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