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Yuan
Posted 14/06/2023

Global Major Banks Cut Chinese Yuan End-2023 Forecasts

Global investment banks lowered Chinese yuan predictions as the currency slid below the 7-per-dollar...

Posted 11/05/2023

Thai Central Bank Considers Easing Rules on Use of Yuan for Trade

Thailand is reportedly considering loosening regulations on the use of China's yuan for trade...

Posted 27/04/2023

Argentina Steps Away from Greenback and Pays Chinese Imports with Yuan

The Argentinian government announced on Wednesday that it will start paying for Chinese imports...

Posted 21/11/2022

Asia FX Dragged Down by China Covid Surge, Russia-Ukraine Tensions

Most Asian currencies fell on Monday, with the yuan taking a huge hit as...

Posted 07/09/2022

Russian Bank Successfully Bypasses SWIFT Using Chinese Yuan

Russian state-owned bank VTB announced on Tuesday that it had become the first Russian...

Posted 06/09/2022

China Sets Yuan Rate below 6.9 per Dollar, Its Lowest Since 2020

The People’s Bank of China fixed the yuan's daily reference rate at 6.9096 per...

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