BEIJING, Oct. 24 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.0928 against the U.S. dollar Friday, according to the China Foreign Exchange ...

The Chinese yuan is gaining prominence in global finance as more nations look beyond the US dollar. Its share in worldwide ...

Chinese banks helped clients offload overseas currencies at the fastest pace since 2020 last month, as optimism toward ...

BEIJING, Oct. 9 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 47 pips to 7.1102 against the U.S. dollar Thursday, according to the China Foreign Exchange ...

USD/ CNY edged lower on Monday as Chinas yuan was supported by firmer-than-expected official guidance and optimism that trade ...

Ethiopia is currently having conversations with China, concerning the conversion of its debt from the US dollar to the ...

China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.

Kenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing's long-term goal of internationalising its ...

Ethiopia is in early-stage discussions with Chinese authorities to convert part of its Ksh695.23 billion (USD5.38 billion) ...

The government, through the Treasury, on Tuesday completed the conversion of the Ksh646.15 billion (USD5 billion loan) owed ...

Chinese traders report a rising number of overseas clients opting to pay using the yuan, signalling a quiet shift away from ...

Dutch chipmaker Nexperia's Chinese unit has resumed supplying semiconductors to local distributors, according to two people ...