China's central bank has upgraded a bilateral currency swap agreement to a long-term standing swap deal with the Monetary ...

On December 4, 2025, China's major state-owned banks were actively purchasing U.S. dollars in domestic and offshore markets, ...

China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...

China set its daily reference rate for the yuan at a level that was significantly weaker than estimated by traders and ...

China's yuan gains 4% in 2025 as PBOC cracks down on crypto and stablecoins. How yuan strength affects Bitcoin market outlook ...

Bank issues over $637m worth of bonds All purchases were made using digital yuan wallets Huaxia is majority state-owned ...

The offshore yuan has strengthened by nearly 4% in 2025 as the authorities have supported the currency through their daily ...

China just sent a signal it wants to slow the yuan’s rally. The central bank set the currency’s daily fixing far weaker than ...

Russia is inching closer to its first yuan-denominated sovereign bond sale, aiding China’s push to raise the global standing of its currency. Russia’s Finance Ministry will start taking orders on Dec.

China’s yuan slipped on Tuesday, retreating from a 14-month peak against the dollar hit in the previous session, as the ...

The present moment may indeed be a window of opportunity to allow for yuan appreciation,” Miao Yanliang, the chief strategist ...

The official currency of China is the Renminbi (RMB), and its unit is the Yuan (CNY). Learn the difference, the symbol (¥), ...