China’s new digital currency may encourage global use of yuan
China’s anticipated digital currency could encourage global use of the yuan, according to the chief executive of an…
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yuan
HSBC Bank Egypt starts dealing in yuan
HSBC Bank Egypt has started dealing in China’s yuan, or renminbi (RMB), for its corporate clients following an…
Yen climbs, yuan pares losses as China-U.S. tariffs kick in
Yen strengthened on Monday, thanks to bigger appetites for safe-haven assets as Washington and Beijing put…
China’s central bank could be trying to support yuan
China fixed the daily midpoint rate for the yuan at levels not seen for more than a decade on Tuesday as Beijing…
Yuan declines to 11-year low as investors flee trade war risk
China’s yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp…
China sets daily yuan midpoint at 7.0312/dollar
China’s central bank fixed on Wednesday the official midpoint reference for the yuan at 7.0312 per dollar —…
China’s Yuan midpoint set to its lowest weakest since April 2008
China’s central bank set the official reference rate for the Chinese currency at 7.0039 yuan per dollar — the…
China sets its currency yuan midpoint at stronger than 7 per dollar
After China’s currency weakened on Monday beyond a closely watched level, the Chinese central bank set the yuan’s…
Yuan pulls off lows, yen drops as Beijing seen curbing fresh yuan losses
The offshore yuan pulled back from an all-time low on Tuesday after Beijing appeared to take steps to prevent the…
Yuan sinks past 7 against dollar to over decade low as trade tensions heat up
China’s yuan tumbled more than 1% on Monday to 11-year lows on mounting fears over a sharp escalation in the…