‘Rare opportunity’ for China to accelerate yuan… China has long been keen to promote the yuan overseas, as well as reducing its reliance on the US dollar, with the…
First Brazil, now Argentina. Yuan trade deal ups… Argentina will start by paying for over US$1 billion of Chinese imports in April in yuan instead of US dollars,…
‘Still early days’, but Bangladesh-Russia deal… Bangladesh and Russia agreed to use the yuan to settle payment for a nuclear plant amid Beijing’s efforts to…
Could an Asian monetary fund help yuan dethrone… Malaysia’s PM said Xi Jinping welcomed discussion on reviving a decades-old idea for the establishment of an Asian…
Yuan to ‘show good investment value’ as economy… Central bank deputy governor Pan Gongsheng said that as China’s economy recovers and the interest rate differential…
‘Investor pessimism’ sees China’s yuan drop to… The onshore yuan weakened to a low of 6.9220 per US dollar at one point on Friday, the softest level since January…
Offshore yuan strengthens past 7 per US dollar… The onshore yuan jumped by roughly 1.4 per cent to as high as 6.9507 on Monday morning, its strongest since…
US dollar has ‘peaked’, China’s central bank… The yuan hit a two-week high against the US dollar after the US Federal Reserve said rate increases could be scaled…
Yuan volatility ‘affordable’, but China must be… Swings in the yuan have not resulted in an economic shock or inflation, the market is still orderly and financial…
Yuan falls to lowest level against US dollar… China’s onshore yuan closed on Friday at the weakest level since the 2008 global financial crisis as the US dollar…