The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...

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 ...

The People's Bank of China (PBOC) aims to make the yuan a global funding currency, encouraging companies and financial institutions overseas to borrow and use the yuan.

(Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.

China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.

SINGAPORE (Reuters) -DBS Group, Southeast Asia's largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi (RMB), or yuan, particularly with counterparts ...

China's aggregate social financing and broad money supply posted steady growth in October, official data showed Thursday, ...

From May 30 to Sunday, red packet lottery participants used the digital yuan, also known as the e-CNY, at over 52,000 ...

China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. Stream the Chicago Marathon live Oct. 12 at 7 a.m. CT. The moves aim at ...