Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions for China’s currency as Beijing seeks to play a greater role in the ...

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 ...

A revived speech and a shifting global backdrop. Beijing is signalling new urgency in its push to elevate the yuan - but the ...

Its new report concludes that the yuan is undervalued by about 16%. That is the biggest misalignment since 2011, when a ...

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

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

The Chinese renminbi was only a few years ago considered among the most actively traded currencies in foreign exchange ...

China's central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country's ...

Exchange traded funds following the price movements of the Chinese yuan currency may be allowed a little more wiggle room as the People’s Bank of China loosens the trading restriction on its currency.

China's yuan is gaining increasing usage globally, pointing to the de-dollarization of transactions worldwide — gradually The US dollar has been the world's reserve currency since the second world war ...