Stable exchange rates are expected2018-04-20
China's cross-border capital flows and the yuan's exchange rate are expected to remain stable, despite potential risks from Sino-US trade friction, monetary policy tightening of other major economies and the country's rising foreign debt.
China, Australia renew currency swap deal2018-04-02
The central banks of China and Australia have decided to renew a currency swap agreement, the People's Bank of China (PBOC) said Friday.
China's appetite for foreign exchange expands2018-03-20
China's February deficit in foreign exchange transactions rose from the amount registered in January.
Chinese yuan ready for greater global role2018-03-12
As China plans to further open up its market and promote free global trade and investment, the yuan is expected to play a greater global role.
China names J.P. Morgan Chase Bank as yuan clearing bank in U.S.2018-02-14
The People's Bank of China (PBOC), the central bank, said Tuesday that it had authorized J.P. Morgan Chase Bank to provide Renminbi clearing services in theUnited States.
Investment in renminbi part of long-term strategy: German central bank2018-02-12
The Bundesbank's decision to hold some currency reserves in Chinese yuan is part of a long-term strategy, and the investment will be effected as long as the preparations have been completed.
Kenyan banks move to trade Chinese yuan to boost revenues2018-02-11
Kenyan banks was increasingly moving to trade the Chinese Yuan against the Kenyan shilling in order to boost their revenues, the Kenya Bankers Association (KBA) said on Friday.
Yuan strengthens as investors move currency into country2018-02-08
China's currency strengthened to a 30-month high against the US dollar on Wednesday, driven by capital flows into the country, with its improving economic fundamentals expected to provide solid support.
Confidence increases in global use of yuan2018-02-01
Expectations of China further opening up its financial sector this year have boosted bankers' and experts' confidence in a broader use of the renminbi in global trade, investment and foreign reserves, as well as bets placed on a more flexibly floating exchange rate.
Market to have more say in renminbi rate2018-01-31
The People's Bank of China, the central bank, will allow the market to play a bigger role in determining the yuan's exchange rate while maintaining a prudent and neutral monetary policy this year, a top official said on Monday.
PBOC gets tougher on bitcoin2018-01-05
The nation's top financial regulator has suggested that local governments encourage bitcoin miners to gradually reduce production of the cryptocurrency until finally quitting the business.
4 reasons why RMB stood tall in 20172018-01-03
As of Dec 29, the last trading day of 2017, the yuan's onshore exchange rate stood at 6.5120 against the US dollar, strengthening by 6.72 percent for the year, the sharpest annual appreciation in nine years, according to calculations by financial information provider
Currency stability seen as key task2018-01-02
China's foreign exchange regulator will likely focus on keeping the country's currency stable this year while allowing greater flexibility in the exchange rate, economists said on Monday.
Chinese yuan slightly weaker in November: index2017-12-04
China's yuan has slightly weakened against a basket of currencies in November, according to an index released by the China Foreign Exchange Trade System (CFETS).
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