China’s foreign-exchange reserves rose in December amid a weaker dollar, wrapping up a year marked by a ballooning trade ...

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

Morgan Stanley has revised its outlook for the yuan, now forecasting it to strengthen to about 6.85 per US dollar in the ...

China will allow interest on digital yuan in 2026, while cracking down on crypto mining and tokenization activities.

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks as attractive pricing helps drive a sustained push by Beijing to put the ...

The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s central bank will allow gradual currency appreciation to boost market ...

The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal ...

China handed yuan bulls a New Year’s gift with tacit consent for more appreciation, while carefully pacing the currency’s ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

SHANGHAI - ‍China's onshore yuan broke through the key psychological level of seven to the dollar on Tuesday for the first ​time in 2-1/2 years, despite a weaker midpoint set by the central bank, as ...