News

USD/CNY traded n tight range on Friday as investors anxiously awaited news on whether a tariff truce would be extended ...
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1345 as ...
The yuan internationalisation index, released by Renmin University a week ago, rose by about 11 per cent in 2024 – further ...
China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi ...
Beijing: China on Friday allocated 70 million yuan (about 9.81 million USdollars) from its central fiscal reserves to ...
USD/ CNY slipped lower on Thursday as yuan firmed as a stronger PBOC fix supported the yuan amid fresh U.S. tariff threats.
The Zhangzhou fishing port in the southern Chinese province of Fujian is offering a CNY 40 million (USD 5.6 million, EUR 4.8 ...
BEIJING, Aug. 6 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 43 pips to 7.1409 against the U.S. dollar Wednesday, according to the China Foreign Exchange ...
Australia, South Korea, and India are exceptions in the rally in Asia, which saw the Nikkei extend yesterday's rally with another 1.6% gain today. Click to read.
Some Chinese officials worry that the U.S.'s decision to embrace stablecoins through the Genius Act might reverse the trend ...
SHANGHAI/SINGORE, - China's yuan rebounded from a near two-month low against the dollar on Thursday, bolstered by stronger-than-expected guidance from the central bank, signalling its commitment to ...