A Chinese USDT trading studio laundered crypto tied to illegal online gambling and telecom scams, and Bhutan was revealed as ...

As a result, Chinese banks have been reluctant to transfer yuan to Russian counterparts while servicing foreign trade ...

The Russian and Chinese economies are lurching into ever more perilous territory, threatening the nations' alliance.

A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with ...

The MoU will enable more efficient currency settlements in local currencies, which will benefit traders engaged in imports ...

As cross-border business becomes more complicated, China's finance industry is abuzz over possible workarounds, says one ...

Trading volume in the China-based "over the counter" market -- where crypto buyers and sellers are connected directly through ...

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies ...

Globally, however, the yuan is used for less than 7% of all foreign-exchange transactions, versus 88% for the dollar, according to the Dollar Dominance Monitor by the Washington-based Atlantic Council ...

According to FMF economic analyst Nicholas Woode-Smith, it is good that South Africa has not engaged further on a unified ...

China hence accumulates USD as forex reserves. International trading, which involves two currencies, has a self-correcting mechanism. Assume Australia is running a current account deficit ...

China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...