USD/CNY traded n tight range on Friday as investors anxiously awaited news on whether a tariff truce would be extended ...

China is taking its first concrete steps toward developing stablecoins linked to the yuan, aiming to counter the rising ...

China’s currency could benefit from GDP growth, an upturn in equities and easing depreciation pressure following a temporary trade truce with the U.S.

The yuan internationalisation index, released by Renmin University a week ago, rose by about 11 per cent in 2024 – further ...

As of 4:38 pm, USD/CNY in the night session edged down 9 bps. USD/CNH sank 61 bps to 7.1856, 30 bps below USD/CNY. Related ...

USD/CNY eased slightly on Tuesday as investors awaited key trade data and monitored Sino-U.S. trade developments for direction. President Trump said Tuesday the U.S. is nearing a trade deal with China ...

This appears to be primarily because of the yuan's current weakness. It also shows that it's not so easy to displace the mighty US dollar as the world's top reserve and trading currency of choice.

Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate CNY=PBOC, around which the yuan is allowed to trade in a 2% band, at 7.1612 per dollar, 116 pips firmer than the ...

The US Dollar Index, which measures the value of the greenback against the world’s six most traded currencies, has lost almost 11% of its value during the first half of 2025. When only comparing ...

Currencies like the Australian dollar, the Swiss franc, and Chinese yuan accounted for 11% of all central bank reserves at the start of this year, up from 2% recorded in 1999, per IMF data.