The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...

The Indian rupee underperformed most of the region and appreciated by just 1.1% vs the USD last month. FIIs were net sellers ...

Following the recent Executive Board decisions on the determination of the renminbi (RMB) as a freely usable currency, effective October 1, 2016, and its inclusion in the SDR basket on the same date, ...

The paper examines the usage of the Renminbi (RMB) as an international payment currency. Globally, the use of RMB remains small, accounting for 2 percent of total cross-border transactions. Using ...

China is the biggest exporter in the world, with most of it trade involving the renminbi and the US dollar. In this case, while importers to China pay more, exporters appreciate a weaker renminbi ...

CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month as the US dollar’s global allure dimmed and Sino-US trade tensions ...

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 35 pips to 7.1956 against the U.S.

Asia United Bank (AUB) said it is benefiting from the increasing acceptance of the Chinese renminbi (RMB) in cross-border ...

Hong Kong, as the world's largest offshore renminbi (RMB) hub, is poised to deepen its collaboration with Qatar in the realm of RMB internationalization. This partnership, highlighted by the recent ...

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

SYDNEY] South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look ...