China's yuan share of global SWIFT payments dropped from 3.10% to 2.38% in April 2025, falling to sixth place as RMB payment ...
A more multipolar currency landscape — in which the Chinese renminbi could play a much larger role — is gaining traction, as ...
Nearly 25% of Chinese firms report FX losses as the yuan strengthens roughly 6% against the dollar, complicating Beijing's ...
Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further ...
The yuan’s continued strength is exerting pressure on Chinese exporters on a scale rarely seen in recent years, complicating ...
Banks raising yuan forecasts and pointing to structural support (export competitiveness, RMB internationalisation, less USD ...
China’s top foreign exchange regulator said in an article that authorities would seek to keep the yuan ‘basically stable’.
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] The internationalization ...
The Russian rouble hit its strongest level against China's yuan, Russia's most traded foreign currency, since February 2023 on Tuesday ahead of President Vladimir Putin's visit to China with new ...
SHANGHAI, May 18 (Reuters) - Some global investment houses revised up their yuan forecasts, fuelled by China's export competitiveness and steady trade relations with the U.S., the world's biggest ...
The yuan is poised to surpass the yen as the second-most traded currency against the dollar in foreign-exchange options, according to LCH. This shift, expected by 2028, reflects growing yuan ...
The yuan’s rapid appreciation has increased pressure on export-heavy firms with large foreign-currency assets. BYD reported a foreign-exchange loss of roughly 2.1 billion yuan ($304 million) in the ...
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