Due to President Donald Trump’s willingness to upend the global status quo, financial commentators and elite media outlets ...

China's central bank set the strongest guidance rate for the yuan in almost three years, giving its nod to the yuan's gradual appreciation as Beijing tries to pace the currency's gains while avoiding ...

China's central bank has strengthened its official yuan guidance rate to a level stronger than the psychologically significant 7-per-dollar mark. The People's Bank of China (PBOC) set the midpoint ...

Economists see a politicized central bank damaging investor confidence in the U.S. system while Beijing advances in ...

Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...

The People's Bank of China has officially transitioned its central bank digital currency (e-CNY) into a new era of "digital deposit money" as of January 1, ...

Investors are ramping up bets on China's stocks and currency as 2026 kicks off, signalling a more decisive shift into the ...

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

Exchange traded funds following the price movements of the Chinese yuan currency may be allowed a little more wiggle room as the People’s Bank of China loosens the trading restriction on its currency.

The moves form part of a broader, emerging “yuan pivot” across Africa, driven by rising trade with China, dollar shortages, ...

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...

The value of China’s currency, the yuan, is arguably the most debated and contested in the world. The country’s trading partners, especially the U.S., have long criticized Beijing’s policymakers of ...