SHANGHAI/BEIJING, March 20 (Reuters) - China will allow a dozen additional banks to handle its digital yuan, three people with knowledge of the plans said, as Beijing pushes to accelerate use of the ...

Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a ...

Union Bancaire Privée has made the Chinese yuan one of its strongest bets, expecting the currency to keep rising against the dollar over the next decade due to improving fundamentals and policy ...

It is de facto the only foreign currency available for international trade of the Russian Federation without restrictions.

Add Yahoo as a preferred source to see more of our stories on Google. The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may not be ...

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

Add Yahoo as a preferred source to see more of our stories on Google. China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in ...

HONG KONG, Dec 19 (Reuters) - Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans ‌at Chinese banks as attractive pricing helps drive a ...

The world's most vital energy artery has been largely paralysed since the launch of US-Israeli strikes on Iran last month ...

The recent memorandum of cooperation signed between the People’s Bank of China and the Central Bank of Sri Lanka to establish a renminbi (RMB) clearing arrangement is set to significantly reduce ...