Learn how China's yuan peg stabilizes its currency, enhances export competitiveness, and fuels economic growth by managing exchange rates against a basket of currencies.

What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling ...

The RMB is unlikely to be a major player in Forex reserves anytime soon—and that's by design.

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...

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Two ways China manages its money supply are by controlling foreign exchange rates and printing currency. In China, the People ...

New Delhi: Countries that are switching to currency conversions and swap agreements in Chinese yuan for apparent short-term relief on interest rates are headed for trouble in long-term, as they end up ...

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...

Nigeria and China yesterday reached a preliminary agreement on the proposal to raise the subsisting $2 billion currency swap deal. President Bola Ahmed Tinubu initiated the discussion on scaling up ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...