The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.

The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that ...

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...

China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.

Exchange traded funds following the price movements of the Chinese yuan currency may be allowed a little more wiggle room as the People’s Bank of China loosens the trading restriction on its currency.

The yuan fell bellow the critical 7-per-dollar threshold on Wednesday amid weak economic data. That's the first time this year that China's currency undercut that key psychological level. The yuan has ...

China's currency has more downside ahead, according to JPMorgan strategists. Beijing has attempted to prop up the weakening yuan, but the bank sees reason to stay bearish. "The fundamental case for ...

Increasing yuan-borrowing overseas can be coordinated with the trend of Chinese firms expanding industrial supply chains ...