Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...

By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...

China’s President Xi Jinping has called for the renminbi to achieve global reserve currency status, “a powerful currency” ...

As G10 currencies follow their divergent paths, with the dollar gradually strengthening as the euro and yen decline, the question of the Chinese renminbi’s value is coming under increasing scrutiny.

The CFETS RMB Exchange Rate Index is a key indicator that measures the value of the Chinese yuan against a basket of currencies from its major trading partners. A decrease in this index suggests a ...

This week's news that Brazil and China have signed a $30 billion currency swap agreement gave a renewed boost to excited chatter over the rising influence of China's currency, the renminbi (RMB). The ...

China is one of the first countries to develop a central bank digital currency. The People’s Bank of China (PBOC) first proposed the idea of a digital renminbi in 2014. Since then, significant ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The International Monetary Fund (IMF) on Monday added ...

The State Bank of Vietnam announced a reference exchange rate of 25,066 VND/USD today, reflecting a decrease of 1 dong compared to the previous morning. The trading band allowed for this currency pair ...