The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

The Chinese yuan is rising against the US dollar, prompting the nation’s central bank to purchase USD. The yuan rose 0.2% ...

China will begin paying interest on digital yuan holdings as part of a policy change aimed at integrating e-CNY into the ...

CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...

SHANGHAI (Reuters) -China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an ...

SHANGHAI/HONG KONG (Reuters) -China's central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global use of its currency, a senior ...

PBOC asks state banks to reduce dollar purchases, sources say Yuan faces pressure from U.S. tariffs, PBOC aims for stability Analysts warn sharp yuan depreciation risks financial stability April 9 ...

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by ...

China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng ...

China's central bank governor has laid out an ambitious plan to reshape the global financial system, calling for a shift away from dollar dominance and urging wider international adoption of the ...

The offshore yuan strengthened against the US dollar on Thursday, moving through the key 7.0000 mark and touching 6.9965 at 3 ...