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

But the move also reduces devaluation pressure on the yuan, giving the People's Bank of China more room to bolster its own ...

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

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 ...

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

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

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

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 ...

Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered.

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 ...

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