China has expanded yuan foreign-exchange clearing to include the Singapore dollar, New Zealand dollar and Thai baht, as Beijing seeks to wi...

Shanghai is rolling out new subsidies to lure offshore bond issuers into its free trade zone. This initiative aims to invigorate the curren...

Hong Kong has launched the world's first offshore Chinese government bond futures, providing global investors with a new tool to hedge inte...

Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sou...

Speaking at a press conference here, Congress spokesperson Gourav Vallabh said India is importing 42 per cent of its total oil requirement ...

China's efforts to internationalize the Yuan are facing challenges due to lack of trust and confidence in the currency. While Beijing's loa...

The People's Bank of China will step up financing support to spur domestic demand and support a stable real estate market, its statement re...

The Renminbi Liquidity Arrangement, which could be used in periods of market volatility in the future, initially includes the PBOC, the Ban...

China is one of the frontrunners in the global race to launch central bank digital currencies to modernise financial systems, ward off the ...

For Chinese policymakers, the alternative is unthinkable. They’d have to allow the yuan to weaken significantly and probably abandon its un...

China's forex reserves fell for a fourth straight month to $3.56 trillion at the end of August, the People's Bank of China (PBOC), announce...

The SDR, an accounting unit usually deployed in bailout packages, would deliver few direct benefits to China’s 1.3 billion people.

China is likely to put in place an international system of payments to facilitate cross-border yuan transactions which have risen to new hi...

But at the same time the Chinese government does not have any predetermined goal for the currency's international position, he added.

Bankers are suggesting a simpler and less expensive mechanism that would bypass the dollar and allow trade payments in local currencies.

The Chinese yuan has a long way to go before it is ready to be an international currency, a top central bank official said Tuesday, despite...