China is actively promoting the renminbi as a global currency to reduce its dependence on the US dollar, a move seen as ...

The China Foreign Exchange Trade System announced on Tuesday (14th) that the RMB midpoint against the USD was raised by 64 ...

In 2025, BOC's domestic branches handled about 18 trillion yuan in cross-border RMB settlements. The bank helped more than 30 ...

China is taking its first concrete steps toward developing stablecoins linked to the yuan, aiming to counter the rising global dominance of US dollar-backed tokens like USDT and USDC. While the ...

Luminous Ventures has drawn an equivalent of over 5 billion yuan ($733.4 million) in commitments for its latest early-stage US dollar and Chinese yuan funds, marking the biggest dual-currency ...

UAE has opened talks with the US about obtaining a financial backstop in case the Iran war plunges the oil-rich Persian Gulf ...

News of a US-Iran ceasefire has pushed the Chinese yuan higher, breaking through our previous forecast band and prompting an update. We're setting the new forecast band at 6.70-7.05, formerly our ...

The China Foreign Exchange Trade System announced on Wednesday (15th) that the RMB central parity ...