Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Pete Rathburn is a copy editor and fact-checker with ...

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 ...

Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation China's central bank has set the yuan's daily reference rate against ...

Nearly 25% of Chinese firms report FX losses as the yuan strengthens roughly 6% against the dollar, complicating Beijing's ...

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] The internationalization ...

Photo/Sipa] Despite near-term challenges over growth and geopolitics, the RMB is likely to increase its share in ...

Add Yahoo as a preferred source to see more of our stories on Google. China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in ...

Banks raising yuan forecasts and pointing to structural support (export competitiveness, RMB internationalisation, less USD ...

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.

While the dollar’s international supremacy is unchallenged for now, the wider landscape is shifting. Companies are raising more funding in renminbi and the currency’s use in international payments and ...