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

China's foreign-exchange reserves rose in January, after falling in December as the dollar index weakened, according to official data released Friday. The nation's reserves of foreign currency rose by ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

US and EU Response: The stability in China’s currency could influence the stance of US and European trade policymakers. While ...

China and many other countries buy U.S. debt through the purchase of Treasury bonds. Here are the factors behind those purchases.

In local currencies, the swap was worth 15 billion renminbi or N720 billion ... ramping up efforts to boost the yuan's appeal as an alternative currency in international trade and as a reserve ...

But they’re far from the most valuable out there right now. Hint: It usually helps if a country’s currency is backed by valuable oil reserves and a strict monetary policy. The Euro is the second-most ...

For now, Beijing's strategy is to prioritise the yuan's stability, with the ambition of ultimately making it a major global reserve currency, analysts from Macquarie Group noted. The exchange rate ...

China’s central bank has pumped a record amount of short-term funds into the financial system this week in an effort to ...

While the rules are meant to promote the rupee in global trade, bankers say they are unlikely to see many transactions as the rupee is a non-convertible currency. They say these accounts can be ...

suggest that cracks may be appearing in Britain's reserve currency status, a credit rating agency has warned. A sharp sell-off in UK gilts earlier this month brought reminders of the 2022 "mini ...