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 ...

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

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 could devalue the renminbi The US and China embarked on the most significant trade conflict in years this week. Donald Trump, citing bogus numbers, announced that the US would levy a 34% ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

CHINA’S Renminbi (RMB) is becoming a currency of note in international trade as demand for the currency increases to make cross-border trade and international payments, according to Asia United Bank ...

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 ...

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 ...

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