The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...

High-level openness, however, must proceed in step with deep structural reforms. The six supporting reforms set out in the ...

Any geopolitical shocks following the interim U.S.-China truce are likely to make the yuan more vulnerable, said Mizuho Securities.

The onshore yuan rose to a high of 7.1042 per dollar, the strongest since November 17, before last changing hands at 7.1078 ...

China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.

Beijing is using its market power in iron ore to pressure BHP as it moves to expand yuan-based trade and reduce reliance on ...

The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.

Increasing yuan-borrowing overseas can be coordinated with the trend of Chinese firms expanding industrial supply chains ...

The yuan fell bellow the critical 7-per-dollar threshold on Wednesday amid weak economic data. That's the first time this year that China's currency undercut that key psychological level. The yuan has ...

Central banks are increasingly keen to hold China's yuan as a reserve currency, according to a new survey. Some 85% of central bank reserve managers said they already hold or are interested in owning ...