USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...

BEIJING, Nov. 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange ...

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

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 ...

Indonesia has successfully completed the issuance of its first-ever government bonds (SBN) denominated in Chinese renminbi, ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

USD/CNY edged lower on Monday as traders continued to assess last weeks U.S.China trade deal. The agreement reached last week between President Trump and President Xi to postpone reciprocal tariffs ...

USD/CNY hit two-week high on Tuesday as yuan was pressured by broad greenback strength in global markets as traders reduced ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 16 pips to 7.0901 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.