Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People's Bank of China Shanghai head office said on Wednesday. Shanghai ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per ...

The Hong Kong Monetary Authority’s (HKMA) recently outlined plans to allow Bond Connect investors to repo their Chinese bond holdings in the offshore market signals progress towards opening the ...

Rand Merchant Bank Nigeria Limited (RMBN) is proud to be recognized as a Top Employer in 2025 by the Top Employers Institute, a global organization that acknowledges excellence in people practices.

China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of participants and the amount of the currency handled through its own payment and ...

The HKMA says in a release issued this week that the facility will be “a stable source of relatively lower-cost Rmb funds”. It will offer ... We hope you enjoyed your 4 free articles on GTR’s website ...

CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to improve capital flows by allowing ...

Thomas Ruecker / Getty Images The term “Chinese yuan renminbi (CNY)” refers to the currency used in the People’s Republic of China. Although it may seem a little confusing because the names ...