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Currency goes global with offshore yuan index2014-03-12
Bank of China Ltd officially launches the BOC Offshore Renminbi Index in Beijing on Tuesday.The index tracks offshore use of the yuan.
140 96副本.jpg Yuan among most-used currencies2014-02-28
China's yuan surpassed the Swiss franc to become the seventh most-used world payments currency in January, global transaction services organization SWIFT said on Thursday.
140 96副本.jpg Renminbi may become global reserve currency2014-02-28
The renminbi could rival the US dollar as a leading international reserve currency despite obvious challenges, said Yves Mersch, a member of the Europe an Central Bank's executive board.
140 96副本.jpg Capital account swings to surplus in 2013: SAFE2014-02-08
China recorded a $242.7 billion surplus in its capital and financial account and a $188.6 billion surplus in its current account in 2013, according to preliminary data released by the State Admini stration of Foreign Exchange on Friday.
140 96副本.jpg China's forex reserves reach $3.82t2014-01-15
China's foreign exchange reserves rose to$3.82 trillion at the end of 2013, 509.7 billion more than a year earlier, a central bank official said on Wednesday.
France leads eurozone in offshore RMB payments2013-04-27
France now holds the leading position in euro countries for exchanging RMB payments.
Chinese airlines lose on depreciation of renminbi2014-03-20
Chinese airlines lost 700 million yuan ($112.6 million) on currency exchange in February, because of the depreciation of the renminbi, while they earned 100 million yuan of exchange income in the same month of 2013, China Business News reported on Thursday.
Slump seen in net foreign exchange purchases2014-03-19
Top 10 most-used currencies in the world China's net foreign exchange purchase was 128.25 billion yuan($20.71 billion)in February, the latest statistics from the central bank showed on Tuesday.
China sees quite big net capital inflows in 20142014-02-26
China is likely to see relatively big net capital inflows this year, though the US Federal Reserve's tapering of its stimulus program could help ease some pressures, the country's foreign exchange regulator said Tuesday.
Chinese banks record monthly foreign capital inflow2014-02-25
Chinese banks'January foreign exchange settlement stood at 1.2 trillion yuan(203.3 billion U.S.dollars), said the State Administration of Foreign Exchange(SAFE)on Tuesday.
Shanghai FTZ to allow cross-border yuan payment for trade2014-02-19
Five third-party payment firms have received the green light to handle yuan-denominated cross-border payment in Shanghai's free trade zone.
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