The People’s Bank of China set the strongest reference rate for the currency in almost three years.

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

China set its daily reference rate for the yuan weaker than 7 per dollar in a sign the central bank is keen to slow the ...

China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...

While the dollar’s international supremacy is unchallenged for now, the wider landscape is shifting. Companies are raising more funding in renminbi and the currency’s use in international payments and ...

The People's Bank of China has officially transitioned its central bank digital currency (e-CNY) into a new era of "digital deposit money" as of January 1, ...

China's yuan is gaining increasing usage globally, pointing to the de-dollarization of transactions worldwide — gradually The US dollar has been the world's reserve currency since the second world war ...