China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...

As trade wars, sanctions, and changing geopolitical dynamics drive nations to reconsider their dependence on the dollar, ...

SHANGHAI: China’s yuan eased to a two-week low against the US dollar on Wednesday, pressured by a broad global risk-off mood ...

USD/CNY hit two-week high on Tuesday as yuan was pressured by broad greenback strength in global markets as traders reduced ...

USD/CNY edged lower on Monday as traders continued to assess last weeks U.S.China trade deal. The agreement reached last week between President Trump and President Xi to postpone reciprocal tariffs ...

In September, the yuan's share in global payments reached 3.17 percent, up from 2.93 percent in August, according to SWIFT ...

China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.

LONDON (Reuters) -The Chinese yuan and Australian dollar increased their share in global currency reserves in the second quarter, data from the International Monetary Fund shows, while the U.S. dollar ...

(Reuters) -Bearish bets on most Asian currencies eased as a softer U.S. dollar and signs of easing geopolitical tensions ...

Lenders sold a net $51.8 billion of foreign exchange on behalf of their customers in September, the largest monthly amount ...

Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...