The recent strengthening of the renminbi against the US dollar reflects the resilience of China's economic fundamentals and the improving stability of its financial system, while a weaker dollar has ...
A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. [Photo/IC] The central parity rate of the Chinese ...
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.
SHANGHAI, Dec 31 (Reuters) - China will adjust the weightings of its CFETS yuan basket in 2026, the country's foreign exchange trade platform said on Wednesday. From January 1, the China Foreign ...
BEIJING/SHANGHAI, Dec 29 - Holdings of China's digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...