In particular, the rise of stablecoins pegged to the US dollar is reshaping the global currency competition landscape.

BEIJING, Aug. 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 23 pips to 7.1405 against the U.S. dollar Monday, according to the China Foreign Exchange ...

Fortescue has successfully syndicated a Renminbi (RMB)-denominated syndicated term loan facility of 14.2bn yuan ($2bn). This ...

SHANGHAI] Chinese companies sold a record amount of currency options in the first half of this year as domestic businesses, ...

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...

The renminbi fell to sixth place in May and June 2025 in terms of its share as a global payment currency, the first time it ...

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1405 as compared to Friday's fix of 7.1382 and 7.1845 Reuters estimate.

BEIJING, Aug. 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange ...

In Hong Kong, China is testing stablecoins in fear of capital flight with an aim of challenging the dollar and globalizing ...

As global currency competition intensifies in the digital space, Chinese economists are urging a dual-track approach to ...

The several hundred residents of Pingtou, a village in China's sub-tropical south, have seen plenty of typhoons and ...