Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
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 ...
Zoom Video Communications Inc. CEO Eric Yuan announced at the Concordia Summit in New York on Wednesday that AI will soon ...
China's yuan reached a 16-month high against the U.S. dollar following new stimulus measures from China's central bank, ...
Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...
Russian banks and companies are increasingly choosing Kazakhstan for currency operations required to make payments to China ...