Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...
China's yuan is on track to reach 6.85 against the US dollar by the first three months of 2026, according to investment ...
Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks as attractive pricing helps drive a sustained push by Beijing to put the ...
China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos.
The People's Bank of China has officially transitioned its central bank digital currency (e-CNY) into a new era of "digital ...
In yet another sign of growing global de-dollarization, Chinese mining companies in Zambia are now paying royalties and taxes ...
China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...
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.