The Chinese yuan has been steadily gaining value amid the Middle East crisis. Analysis suggests the Chinese government is ...
The Chinese yuan's takeover of Russia's foreign-exchange market is nearly complete after US sanctions forced the country's main exchange to cut ties with the dollar and euro, Bloomberg reported. In ...
SHANGHAI, Dec 21 (Reuters) - The yuan eased on Thursday, as offshore yuan funding costs fell and China's blue-chip stock index hovered near 5-year lows. With offshore liquidity easing, the cost of ...
SHANGHAI/BEIJING, Sept 22 (Reuters) - China's yuan bounced against a buoyant dollar on Friday, underpinned by state bank support, further strong fixing guidance by the central bank and signs of ...