The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s central bank will allow gradual currency appreciation to boost market ...

China’s central bank has revealed its plans to develop the capabilities and expand the reach of the digital yuan in 2026. The ...

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency.

China’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking worldwide, according to the Bank for ...

Trump’s rumored picks spark Chinese market selloff, yuan hits three-month low. Weak Chinese credit growth adds to concerns over fragile domestic demand. The market’s back, and these 3 income stocks ...

Markets are stabilizing after Monday's selloff, but concerns are shifting to the Chinese yuan. Some analysts are warning of potential yuan carry trade unwind. Japan's interest-rate hike triggered a ...

Russia's yuan reserves are nearly depleted due to Chinese banks' fear of US sanctions. Lenders have urged Russia's central bank to address the yuan deficit, causing the ruble to drop. China's ...

China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...

(Reuters) -The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for its sharpest annual gain since the pandemic year of 2020. The ...

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...