Bitcoin's BTC $86,829.18 price often dances to the tune of global money flows, and right now, a strengthening Chinese yuan ...
Issuance of offshore yuan bonds rose to another record, a fresh sign of Beijing’s progress on internationalizing its currency ...
The yuan is inching close to a key psychological level of 7 per dollar, reflecting optimism over improved US-China relations but the gradual appreciation shows Beijing is tightly managing its gains.
Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for the first time since 2023 next year, underpinned by narrowing yield ...
China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...
Some investors are overestimating the stockpile of Chinese money that could be converted back into yuan, as firms may not yet be ready to abandon dollar holdings, according to Goldman Sachs Group Inc.
At 0326 GMT, the yuan was 0.01% lower at 7.0439 to the dollar, snapping a four-session winning streak that had pushed it to a ...
China’s yuan climbed on Monday to a fresh 14-month high against the dollar, as broad weakness in the US currency overcame ...
SHANGHAI: China's yuan inched higher to a fresh 14-month high against a broadly weaker dollar on Friday, but the central bank ...
(Bloomberg) -- China’s yuan has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions against Moscow. The yuan surpassed ...
Learn how to use China's digital renminbi (e-CNY) for payments during your travels, including setup, limits, and where it's ...