MOSCOW, April 28 - Russia's central bank wants commercial banks to hold mandatory reserves of yuan to prevent shortages of ...
Iran has reportedly set up an IRGC-controlled toll system in the Strait of Hormuz. Ships are said to pay in Chinese yuan or stablecoins to ...
Foreign-exchange losses from yuan conversions are weighing on Chinese companies’ profits, underscoring the currency’s ...
BHP will incorporate a yuan-linked benchmark into long-term iron ore contracts with China, marking a shift from traditional ...
The pitch is global scale for the yuan, but capital controls, offshore limits and convertibility gaps still stand in the way ...
The agreement to partly link iron ore pricing to the yuan is a breakthrough but US dollar dominance in the trade remains ...
Talk has re-emerged that China’s yuan will soon challenge the dollar as the world’s reserve currency. This time, the spark for such talk came from a visit by Chinese President Xi Jinping to the Middle ...
The yuan rallied after the People’s Bank of China signaled its comfort with the currency’s appreciation via its daily reference rate, ahead of the National People’s Congress. The onshore unit advanced ...