China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently ...

China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an ...

The Indian rupee is set to weaken at the open on Tuesday, mirroring losses in the offshore Chinese yuan, triggered by soft ...

It’s been a hectic April, as the whirlwind of tariff news after Trump’s 'Liberation Day' announcement consumed markets. Click ...

The People’s Bank of China (PBOC) will cut the borrowing cost of its seven-day reverse repurchase agreements, its benchmark ...

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.2095 as compared to the previous day's fix of 7.2073 and 7.2581 Reuters estimate.

Washington’s weaponisation of tariffs casts doubt on US asset safety, and some say this makes yuan assets more attractive.

Local traders are increasingly sidestepping the US dollar in favour of China ’s currency, creating informal yuan payment ...

Firms are receiving more requests for transactions including hedges that sidestep the dollar and involve currencies such as ...

but the world it trades in is a US dollar denominated one, and it doesn’t like it. For the first few decades of Beijing’s reform and opening era, China’s economy grew but its capital account was ...