As Chinese currency ‘becomes more adopted globally’, report says it can replace many functions of a foreign exchange ...

As at last November, digital renminbi transactions had notched a cumulative value of $3.1 trillion since launch. Read more at ...

Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a ...

It is de facto the only foreign currency available for international trade of the Russian Federation without restrictions.

Union Bancaire Privée has made the Chinese yuan one of its strongest bets, expecting the currency to keep rising against the ...

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

Add Yahoo as a preferred source to see more of our stories on Google. The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may not be ...

Add Yahoo as a preferred source to see more of our stories on Google. China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in ...

The world's most vital energy artery has been largely paralysed since the launch of US-Israeli strikes on Iran last month ...

SHANGHAI/BEIJING, March 20 (Reuters) - China will allow a dozen additional banks to handle its digital yuan, three people ...