USD/CNY hovered near two-week high on Wednesday as Chinas yuan was pressured by a broad global risk-off mood and stronger ...
According to the analysts, the Chinese yuan’s internationalisation is firmly in progress, driven by rising trade settlement in CNY and increasing foreign borrowing in the currency. “ Spot turnover in ...
India's GIFT City may soon facilitate transactions in offshore Chinese renminbi. Authorities are reviewing a proposal to ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...
China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.
China supports the integration of a renminbi trading counter in the Hong Kong stock connect scheme, enhancing yuan's global stature and market ties. The PBOC prepares policy tools to back monetary ...
The renminbi (literally "people's currency") or the yuan is the official currency in the mainland of the People's Republic of China (PRC). It is issued by the People's Bank of China, the monetary ...
China has released the new digital yuan app for iOS and Android on domestic app stores. Now available to users in 23 cities across China, the app will enable millions of users to use the e-CNY by ...
CNY/THB - Chinese Yuan Thai Baht Get the latest CNY to THB (1 Chinese Yuan to Thai Baht) exchange rate conversion data, resources and insights. Stay informed with real-time data for the current Yuan ...
All along, some of us here at TOTN have been under the impression -- nay, conviction -- that the Chinese currency is the yuan. Lately, though, a new-to-us word has stormed our little economic scene: ...