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Chinese yuan has risen to 8.5% of global forex trades in 2025, keeping its rank as the fifth most traded currency
China’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and ...
China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market currencies, as investors brace themselves for lower US interest rates.
China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has weakened 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan. Many ...
TAIPEI, May 12 (Reuters) - Taiwan's Gre Tai Securities Market will by the end of this year sign a deal with the Eurex Exchange to provide cross-border exchange services in Chinese yuan-denominated ...
1301 GMT – The Chinese yuan rises to its highest level against the dollar since November 2024 after the People’s Bank of China’s daily fixing allowed for more strength and as the U.S. currency falls.
The Chinese yuan and Australian dollar increased their share in global currency reserves in the second quarter, data from the ...
Brazil took steps to make it easier to transact with China in yuan, a sign of its growing trade and investment ties with the world’s second-largest economy. Banco BOCOM BBM, which provides banking ...
SHANGHAI: China’s yuan eased to a three-week low against the dollar on Friday and looked set for its biggest weekly drop in ...
China has sold some of its US Treasurys recently, and the stockpile has hit a 14-year low of $835 billion. That's a sign of weakness, according to Carson Group, as it shows China is trying to prop up ...
BEIJING (Reuters) - Paradoxical as it may sound, China's move to give the yuan more wiggle room is a sign of caution and deepening concern about the slowing economy rather than a promise of Beijing's ...
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