China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
African governments and traders are increasingly turning to the Chinese yuan, or renminbi, to settle financial transactions ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
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 ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
BEIJING -- Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that ...
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
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