With minimal depreciation and more frequent use overseas, the yuan has shown greater resilience in this round of the US trade ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...
According to the analysts, the Chinese yuan’s internationalisation is firmly in progress, driven by rising trade settlement in CNY and increasing foreign borrowing in the currency. “ Spot turnover in ...
A smaller intervention cushion poses a challenge for Taiwan's central bank, with its currency forecast to rally further as ...
BEIJING, Nov. 4 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 18 pips to 7.0885 against the U.S. dollar Tuesday, according to the China Foreign Exchange ...
The Australian dollar’s AUD/USD pair fell 0.1%, reversing course after hot CPI data dampened bets on more rate cuts by the ...
Russia is planning to issue its debut yuan-denominated bond on the local market this year, sources told Reuters, offering an ...
The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.
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