The RMB is unlikely to be a major player in Forex reserves anytime soon—and that's by design.

Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for investors and central ...

Issuance could approach US$140 billion as a firmer renminbi, low funding costs and policy support boost demand for offshore ...

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...

China's central bank sets the yuan's midpoint rate at its strongest level since mid-2023, as jitters over the US dollar buoy ...

China sold yuan-denominated sovereign bonds in Hong Kong at the lowest yields in more than a decade, signaling stronger demand for its debt and offering support to Beijing’s push to expand its ...

HONG KONG, Feb 6 (Reuters) - China's yuan held a soft tone on Friday, but remained on track for its longest winning streak against the dollar in nearly 13 years buoyed by strong exports. By 0355 GMT, ...

Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile economy.

China's central bank and other regulators issued a statement on Friday banning companies from issuing yuan-pegged tokens or ...