China’s central bank sets weaker yuan midpoint against US dollar for third day
The People’s Bank of China set the yuan’s midpoint rate – which guides onshore market trading within a 2 per...
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Lagarde Urges G7 to Address Chinese Currency Undervaluation Amid Trade Imbalances – News and Statistics
Jun 22, 2026 China has denied that it manipulates its currency for trade advantage, but its growing trade surpluses are...
95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
The global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains traction, according...
Hong Kong, Indonesia move towards direct transactions in yuan, rupiah
The People’s Bank of China, Hong Kong Monetary Authority (HKMA) and Bank Indonesia signed an agreement on Thursday to create...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currencies
Asian policymakers are stepping up emergency measures to protect their economies from the growing fallout of the global energy supply...
China will continue stagnating as an ‘incomplete superpower’ until it can match U.S. financial might
President Donald Trump’s summit with Chinese counterpart Xi Jinping ended last week without a major breakthrough, but still achieved Beijing’s...
As China’s yuan emerges as a global currency, Beijing faces a balancing act
As the yuan’s exchange rate hovers near a three-year high against the US dollar, an article by China’s top foreign...
Yuan to Surpass Yen in Global Currency Options Trading, LCH Says
(Bloomberg) -- The yuan is on track to overtake the yen as the second-most traded currency against the dollar in...
India Settles Payments for Iranian Oil in Yuan
WANA (Apr 17) – Reports indicate that Indian refineries are settling payments for Iranian oil shipments...
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched,’ strategist says
President Donald Trump’s war on Iran has raised doubts about America’s superpower status and currency dominance as the Strait of...
