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 ...
China on Monday kept its medium-term lending rate steady, as the country's central bank seeks to stabilize the yuan which has come under pressure following Donald Trump's victory in the U.S.
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 ...
Russia's yuan reserves are nearly depleted due to Chinese banks' fear of US sanctions. Lenders have urged Russia's central bank to address the yuan deficit, causing the ruble to drop. China's ...
The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
Beijing is preparing for a protracted confrontation with Washington, using the currency as an instrument of influence, reports Bloomberg. The yuan fell to levels last seen during the global financial ...
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