While foreign net buying of Chinese stocks has been around 193 billion yuan ($27.92 billion) so far in 2023, they have sold 226.5 billion yuan worth of bonds in the first four month of this ...

The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for ...

SHANGHAI, Dec 29 (Reuters) - China's central-bank digital currency is little used, a former official of the People's Bank of China (PBOC) said on Wednesday, financial news outlet Caixin reported.

This is the biggest rollout of the currency, also known as the e-CNY, in China so far, according to state media. ... Alipay began trialing digital yuan payments in 2021, ...

China's yuan has weakened more than 5% against the dollar this year and has lately been squeezed to the lower extremity of its trading band as the U.S. currency climbed.

China had more than 264 million yuan digital yuan transactions, with a total volume topping 83 billion yuan (about US$12.3 billion), as of May 31, People’s Bank of China (PBoC) official Zou Lan ...

Against that backdrop, the yuan, or renminbi, has depreciated more than 8% against the dollar since its peak in January, ... Second, keeping a trade surplus has never been so important to China.

Sept 28 (Reuters) - China's yuan has weakened more than 5% against the dollar this year and has lately been squeezed to the lower extremity of its trading band as the U.S. currency climbed. It is ...