When China’s home-grown ARJ21 regional jet was delivered to Indonesian airline TransNusa in May, the leasing deal was carried out using the yuan, with the arrangement hailed as a milestone in ...

China’s yuan is likely to continue its gains against the US dollar, although further sustained appreciation would largely depend on the scale of the interest rate cuts by the US Federal Reserve ...

After the U.S. and its allies sanctioned Russia in 2022 for its invasion of Ukraine, Moscow turned away from the dollar and euro in international transactions and relied more on China’s yuan.

SHANGHAI (Reuters) -Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the ...

The offshore yuan gained 0.3% to 7.0752 per dollar, its strongest since June 2023. The currency has surged around 2% in August to erase its losses for the year and is now up about 0.7% in 2024 ...

China’s onshore yuan erased its year-to-date losses amid bets capital will flow back to the country as the dollar weakens. The currency rose as much as 0.5% to 7.0905 per dollar on Thursday ...

Trades involving borrowing yuan to buy higher-yielding assets are set to be more resilient as China’s central bank keeps its monetary policy dovish, Royal Bank of Canada says. The yuan carry ...

SHANGHAI, Aug 23 (Reuters) - China's yuan inched higher against a softer dollar on Friday and looked set for the fifth straight weekly gain, its longest winning streak in more than three years.

The yuan is accounting for a growing share of international payments. This mirrors a steady progress in the yuan's internationalization, which helps diversify payment options, and gives the market ...

“It caused Mila and Ashton a lot of stress and embarrassment. But luckily, they’re out the other side – and closer than they ever were. They really have this ‘us against the world’ type ...

Russia's yuan reserves are nearly depleted due to Chinese banks' fear of US sanctions. Lenders have urged Russia's central bank to address the yuan deficit, causing the ruble to drop. China's ...