The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. The offshore yuan—which trades overseas—plunged to a record low of 7. ...

A Chinese bank teller counts stacks of hundred yuan notes at a local bank in Beijing on May 15, 2006. At least 40 high-risk Chinese banks have been lost to mergers in the first six ...

A new e-CNY foreign exchange machine is China's latest bid to court tourists to its tropical southern vacation hotspot Sanya, on Hainan island, by allowing people to exchange 20 currencies for ...

China’s central bank chief has called for a shift from dollar dominance toward a multi-currency system led in part by the ...

SHANGHAI (Reuters) -China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday. The ...

China’s central bank has pledged to “resolutely guard against” excessive fluctuation in the yuan’s exchange rate, as the currency faces fresh pressure against a strong US dollar.

The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. The offshore yuan—which trades overseas—plunged to a record low of 7. ...