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Dim sum issuance tripled over three years, driven by low Chinese interest rates and growing demand for offshore renminbi ...
A quick look at the complexities behind Beijing’s enduring Catch-22 situation with revaluing the Renminbi, despite advantages of a stronger currency.
USD/CNY ended the first half of 2025 1.8% down as United States President Donald Trump introduced reciprocal tariffs in a move that prompted a series of rapid trade war escalations with China.
The Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) rolled out on Thursday the world's first renminbi-denominated tokenised money fund.
The domestic currency opened 3 paise higher at 85.91 against the dollar on Thursday, according to Bloomberg. The rupee has ...
There are about 100 banks in the ASEAN region that are part of the yuan-based Cross-border Interbank Payment System, or CIPS.
BEIJING] Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, ...
India's rupee remains largely unchanged on a month-on-month basis but witnessed a volatile month largely because of the spike ...
However, the most eye-catching idea – creating a common Brics currency – is a non-starter. A joint currency implies a level of political trust and economic co-ordination that does not exist in this ...
Now, however, its national debt stands at $36 trillion, and investors, economists, and policy makers are wondering what comes ...
From the US in the West to South Korea and Hong Kong in the East, countries want the private sector to issue stablecoins that ...
At the upcoming BRICS summit in Brazil, member nations are expected to intensify their push for local currency settlement and ...
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