As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to ...

BEIJING, Feb. 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 16 pips to 7.1696 against the U.S. dollar Friday, according to the China Foreign ...

China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability ...

USD/CNY rose on Wednesday as Chinas yuan weakened following the announcement of new tariff plans from US President Donald ...

Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...

China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan ...

BEIJING, Feb. 20 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 7 pips to 7.1712 against the U.S. dollar Thursday, according to the China Foreign Exchange ...

To allow for currency swap and Yuan settlement to play their respective roles. The Chinese proxy, the Australian Dollar (AUD) is unperturbed by these headlines. AUD/USD is trading 0.50% firmer on the ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...