It could soon get a lot harder for Russia to deal in Chinese yuan
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
China’s march to strong yuan is long and perilous
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
Xinhua7h
Rising Sino-African trade drives demand for Chinese yuan: experts
African governments and traders are increasingly turning to the Chinese yuan, or renminbi, to settle financial transactions ...
Chinese yuan hits strongest level against the dollar in over a year
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
China Internet Information Center19h
Chinese yuan strengthens to 7.0101 against USD Friday
BEIJING, Sept. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 253 pips to 7.0101 against the U.S. dollar Friday, according to the China Foreign ...
Impending expiry of U.S. sanctions licence threatens Russia's yuan liquidity
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...