The Latest Breaking News from Chinese Yuan

The dollar index (DXY00 ) Tuesday fell by -0.24% and posted a 2-month low on lower T-note yields. Also, strength in stocks on Tuesday reduced the liquidity demand for the dollar. The Chinese yuan strengthened against the dollar Tuesday after China signaled more economic support measures. Comments Tuesday from New...

North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and the Chinese yuan since a bungled revaluation of the won in 2009 triggered runway inflation and public unrest

The Chinese economy’s sheer size and rapid growth are impressive.

Bolivia's president expressed openness to the use of the Chinese yuan for international trade during a press conference on Wednesday, citing similar moves by Argentina and Brazil to tap the Asian currency for transactions with China.

The dollar index (DXY00 ) on Tuesday fell by -0.36% as T-note yields declined. Also, strength in the Chinese yuan Tuesday undercut the dollar after China's Q1 GDP expanded more than forecast. Hawkish comments Tuesday from St. Louis Fed President Bullard and Atlanta Fed President Bostic provided underlying support for...

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbor. India, which has emerged as a top buyer of Russian oil as well as…

The Chinese yuan has leaped over the Australian, Canadian and Swiss currencies to become the fifth most traded currency in the world, according to the Bank for International Settlements (BIS).

Hong Kong shares opened lower on Wednesday, with the benchmark Hang Seng slipping 2.5%, taking cues from the S&P 500 which fell deeper into the bear territory after hitting a near two-year low. The Chinese yuan hit its lowest level since 2008 and was trading at 7.2296 against the dollar…

The Chinese yuan rose to one-week highs on Monday, fueled by expectations that Shanghai, the country’s financial hub, will soon emerge from a two-month lockdown that has crippled economic activities in the city and weighed on the country’s overall economic recovery.