The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...

In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...

Beijing is upgrading its digital currency in response to the rise of stablecoins, but the goal is to create a fundamentally ...

On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...

CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China ...

The Chinese yuan is rising against the US dollar, prompting the nation’s central bank to purchase USD. The yuan rose 0.2% ...

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

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