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 ...

Foreign-exchange losses from yuan conversions are weighing on Chinese companies’ profits, underscoring the currency’s ...

Circle co-founder and CEO, Jeremy Allaire, is seeing dollar signs when he thinks about a yuan-pegged stablecoin as global trade and finance integrate digital money. Allaire believes stablecoins are ...

How undervalued is China's yuan, and how much is this driving the renewed widening of global imbalances? The answer is a bit ...

Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The People’s Bank of China, the central bank, set its reference rate at 7.2038 ...

China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that the ...

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 ...

China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market currencies, as investors brace themselves for lower US interest rates. Supporting such ...

The dollar hovered near a 1-1/2-week high ​as a standoff between ​Iran and the U.S. and stalled peace efforts kept risk ...

The yuan rallied after the People’s Bank of China signaled its comfort with the currency’s appreciation via its daily reference rate, ahead of the National People’s Congress. The onshore unit advanced ...

By Duncan Miriri NAIROBI, April 21 (Reuters) - Pan-African lender Ecobank is in talks with Bank of China to launch a direct ...